RVNL Bags Rs 910 Million Southern Railway Surveillance Order

18 Aug 2025 CW Team

Rail Vikas Nigam (RVNL), a state-owned railway PSU, has secured a contract worth Rs 900.65 million from Southern Railway to provide and augment video surveillance systems (VSS) across 484 railway stations.

The Letter of Acceptance (LoA), issued on August 13, covers installation of VSS at 441 D and E category stations and augmentation at 43 stations in A1, A, B, and C categories. The project will be executed over 18 months under RVNL’s normal course of business operations and standard contract conditions. The initiative is aimed at strengthening surveillance infrastructure and enhancing passenger security across the Southern Railway network.

Financial Performance:

In its first-quarter results, RVNL reported revenue of Rs 39.08 billion, down 4.1 per cent year-on-year. EBITDA fell sharply by 71 per cent to Rs 520 million, while net profit declined 40 per cent to Rs 1.34 billion compared to Rs 2.24 billion in the same quarter last year. EBITDA margin contracted to 1.4 per cent from 4.5 per cent.

Sequentially, RVNL’s performance also weakened, with revenue down 35 per cent from the March quarter, profitability down 71 per cent, and EBITDA down nearly 90 per cent.

News source: CNBC TV18

Image source: https://www.fortuneindia.com/

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..