Rail Vikas Nigam Bags Rs 2.7 bn EPC Order From Central Railway

28 Feb 2026 CW Team

The company reported a three point six five per cent rise in consolidated net profit to Rs 3,228.3 mn in the third quarter of FY26, up from Rs 3,114.4 mn in the third quarter of FY25, according to the quarterly financial statements. The profit improvement followed steady operational performance, disciplined cost management and timing of expenses in the period covered by the filings. There was no extended management commentary attached to the release and the figures were presented alongside routine disclosures. Market observers are likely to view the outcome as a modest but positive movement in profitability.

Revenue from operations increased by two point five six per cent year on year to Rs 46,844.6 mn for the quarter ended 31 December 2025, reflecting progressive billing on projects and milestone realisations. The revenue growth, while modest, provides predictability to cash flows and aids short-term planning for capital allocation. Combined with the new order, the quarterly metrics suggest stability in the near term for the company's execution pipeline.

Shares of Rail Vikas Nigam rose by zero point seven four per cent to close at Rs 321.65 on the Bombay Stock Exchange, indicating a measured market response to the results and the contract announcement. Trading volumes and analyst revisions were not disclosed in the brief filing, and investors will monitor execution and billing progress in coming quarters. The company first published the information on 25 February 2026 as part of its market disclosures.

Rail Vikas Nigam Limited (RVNL) has secured an engineering, procurement and construction order valued at Rs 2,700 mn from Central Railway. The contract will augment RVNL's project portfolio and is likely to support near-term execution across divisions tasked with civil, track and signalling works, reflecting typical EPC scope. The award will require mobilisation of resources and staged billing as milestones are met, which should feed into the company's revenue recognition over the execution period. The order underlines continued public investment in rail infrastructure and reinforces RVNL's role in delivering government-backed projects. The company reported a three point six five per cent rise in consolidated net profit to Rs 3,228.3 mn in the third quarter of FY26, up from Rs 3,114.4 mn in the third quarter of FY25, according to the quarterly financial statements. The profit improvement followed steady operational performance, disciplined cost management and timing of expenses in the period covered by the filings. There was no extended management commentary attached to the release and the figures were presented alongside routine disclosures. Market observers are likely to view the outcome as a modest but positive movement in profitability. Revenue from operations increased by two point five six per cent year on year to Rs 46,844.6 mn for the quarter ended 31 December 2025, reflecting progressive billing on projects and milestone realisations. The revenue growth, while modest, provides predictability to cash flows and aids short-term planning for capital allocation. Combined with the new order, the quarterly metrics suggest stability in the near term for the company's execution pipeline. Shares of Rail Vikas Nigam rose by zero point seven four per cent to close at Rs 321.65 on the Bombay Stock Exchange, indicating a measured market response to the results and the contract announcement. Trading volumes and analyst revisions were not disclosed in the brief filing, and investors will monitor execution and billing progress in coming quarters. The company first published the information on 25 February 2026 as part of its market disclosures.

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