RVNL Named L1 Bidder For Rs 1.81bn Northern Railway OHE Upgrade

27 Nov 2025 CW Team

State-owned Rail Vikas Nigam Ltd (RVNL) has emerged as the lowest bidder (L1) for a Northern Railway project involving the design, supply, erection, testing and commissioning of overhead equipment (OHE) modification and feeder wire work for a 2x25 kV traction system.

The contract covers capacity upgradation in the UTR–MWP section spanning 184 RKM/368 TKM in the Lucknow division of North Eastern Railway. The project, valued at Rs 1.81 billion including taxes, will be executed in the normal course of business and completed within 24 months. RVNL noted that the contract does not involve any promoter or promoter-group interest and is not a related-party transaction.

For the September quarter, RVNL reported a 19.7 per cent year-on-year decline in net profit to Rs 2.303 billion, compared with Rs 2.869 billion a year earlier. Revenue from operations rose 5.5 per cent to Rs 51.23 billion, up from Rs 48.55 billion in the corresponding period.

Operating performance weakened, with EBITDA falling 20.3 per cent to Rs 2.169 billion from Rs 2.72 billion last year. The EBITDA margin narrowed to 4.2 per cent from 5.6 per cent, reflecting higher costs and reduced profitability despite increased revenue. However, margins improved sharply from the June 2025 quarter, when the EBITDA margin stood at just 1.4 per cent and topline growth was weaker.

Shares of RVNL closed at Rs 314.05 on the BSE on 21 November, down Rs 5.05 or 1.58 per cent.

Equipment

29 Nov 2025

Powering India’s Infra Future

Excon 2025, South Asia’s largest construction equipment exhibition, is set to return in a grand 13th edition from 9-13 December 2025 at the Bangalore International Exhibition Centre (BIEC), Bengaluru. Organised by the Confederation of Indian Industry (CII) and supported by the Indian Construction Equipment Manufacturers’ Association (ICEMA), the mega event is expected to reinforce its position as the premier marketplace for construction technologies, equipment and infrastructure solutions. The event will host over 1,250 exhibitors, including 160+ international participants, and attract mor..

India will be a strategic part of our growth to 2028

Smiley Monroe is strengthening its footprint in India as a key growth market for its conveyor belts and engineered components business. In this interaction, Prabhu Gopinath, Operations Director, outlines the company’s expansion roadmap, quality focus, and sustainability commitments driving future scale.Can you share Smiley Monroe's journey and its core mission?Smiley Monroe was started in Northern Ireland in 1979, supplying conveyor belts to local quarries. Since then, the company has grown to become a global leader in the supply of endless belts and CNC-cut rubber and plastic part..

Infra Engineers India Pvt Ltd Accelerates Hybrid Excavation

Infra Engineers India Pvt Ltd (IEPL), headquartered in Chennai, has emerged as a trusted name in the used construction equipment business for nearly a decade. What sets IEPL apart is its commitment to research and development, consistently pushing the boundaries of innovation to deliver cutting-edge solutions to the industry.A first-of-its-kind hybrid excavatorAmong IEPL’s most significant achievements is the development of the pioneering Dual Electric & Diesel Hybrid Excavator—the first of its kind in the construction equipment industry, a breakthrough that even major OEMs have yet to..