RVNL Q2: Net Profit fell by 27%, EBITDA misses estimates by 9%
However, on a quarter-on-quarter (QoQ) basis, RVNL’s profit rose by 28.1%, and revenue increased by 19.2% in Q2 FY25, reflecting some performance improvement compared to the previous quarter.
RVNL Q2: Net Profit fell by 27%, EBITDA misses estimates by 9%
State-run Rail Vikas Nigam Ltd (RVNL) has announced its financial results for the September quarter (Q2 FY25), showing a significant decline in profit and a slight decrease in revenue. The company’s net profit fell by 27% year-on-year (YoY) to Rs 286.9 crore, down from Rs 394.3 crore in the same period last year. This decline is attributed to lower operating margins and reduced earnings.
Revenue from operations for the rail public sector undertaking decreased by 1.2% YoY to Rs 4,855 crore, compared to Rs 4,914.3 crore in Q2 FY24. Additionally, EBITDA dropped by 9% to Rs 271.5 crore, with margins narrowing to 5.6% from 6% in the previous year, indicating increasing operational pressures.
However, on a quarter-on-quarter (QoQ) basis, RVNL’s profit rose by 28.1%, and revenue increased by 19.2% in Q2 FY25, reflecting some performance improvement compared to the previous quarter.
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Read Also : Navratna PSU RINL holds 42nd Annual General MeetingTax expenses for the quarter experienced a slight decline of 0.5% year-over-year, totaling Rs 4,731.5 crore. However, there was a significant increase of 17.2% compared to the previous quarter. Following the announcement of these results, RVNL’s stock closed at Rs 477.55 on the BSE, marking an increase of 1.7%. This represents a remarkable return of 162.2% for investors.
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