RVNL Q3 Outcomes: Revenue rises 4% YoY to Rs 324 crore; co declares Rs 1 dividend – Company Technique & Outlook

Rail Vikas Nigam Ltd (RVNL) reported a gentle efficiency within the December quarter, with revenue rising modestly, at the same time as increased bills restricted margin growth. The state-owned rail infrastructure firm posted a web revenue of Rs 324 crore in Q3FY26, up about 4% from Rs 312 crore in the identical quarter final yr. The development in profitability got here regardless of marginal progress in topline and continued price pressures.

Income from operations elevated 3% YoY to Rs 4,684 crore, in contrast with Rs 4,567 crore in Q3FY25. Together with different revenue of Rs 252 crore, complete revenue for the quarter stood at Rs 4,936 crore, increased than Rs 4,836 crore a yr in the past.

Bills, nevertheless, rose at a sooner tempo than income. Complete bills climbed to Rs 4,577 crore in the course of the quarter, from Rs 4,480 crore within the year-ago interval. Working bills elevated to Rs 4,354 crore from Rs 4,219 crore, reflecting increased venture execution prices.

Because of this, revenue earlier than tax got here in at Rs 415 crore, broadly flat in contrast with Rs 413 crore within the corresponding quarter final yr.

On a nine-month foundation, RVNL reported web revenue of Rs 689 crore, decrease than Rs 822 crore in the identical interval final yr, whereas income from operations rose to Rs 13,716 crore from Rs 13,496 crore.

Alongside the outcomes, the board introduced an interim dividend of Rs 1 per share, representing 10% of the paid-up fairness share capital, for the monetary yr 2025–26. The corporate has fastened February 11 because the file date to find out shareholder eligibility, and the dividend might be paid on or earlier than March 6.