Rail Vikas Nigam Ltd

The contract encompasses the design, supply, erection, testing, and commissioning of an overhead equipment (OHE) upgradation project. This involves converting the existing 1x25kV system to a 2x25kV feeding system, including associated feeder and earthing works. The scope of work covers the Duvvada-Rajahmundry and Samalkot-Kakinada Port sections of the Vijayawada Division, falling under South Central Railway. The total length of the project spans 195.5 track kilometers (RKM) / 391 equivalent track kilometers (TKM). The domestic contract has to be executed within a period of 24 months. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. The company reported a 4.05% decrease in consolidated net profit to Rs 459.15 crore in Q4 FY25 as against Rs 478.56 crore posted in Q4 FY24. Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025. The scrip shed 0.81% to end at Rs 381.55 on the BSE on Friday. Powered by Capital Market - Live

Rail Vikas Nigam has received LOA from Southern Railway for 'Upgradation work of Electric traction system from 1x25 kv to 2x25 kv traction system from Salem Jn. (SA)-Podanur Jn. (PTJ) & Irugur (IGU)-Coimbatore Jn. (CBE)-Podanur Jn. (PTJ) section of salem division of Southern Railway to meet 3000 MT loading target.' The cost of work is Rs 143.37 crore. Powered by Capital Market - Live

The order involves upgradation of the electric traction system from 1x25 kV to 2x25 kV on the Salem Junction (SA)'Podanur Junction (PTJ) and Irugur (IGU)'Coimbatore Junction (CBE)'Podanur Junction (PTJ) routes under the Salem division of Southern Railway. The project aims to enhance capacity and support a 3,000 MT loading target. The cost of work is Rs 143.37 crore, and it will be executed within 24 months. The promoter/promoter group/group companies have no interest in the entity that awarded the contract. The order does not fall under related party transactions. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. The company reported a 4.05% decrease in consolidated net profit to Rs 459.15 crore in Q4 FY25 as against Rs 478.56 crore posted in Q4 FY24. Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025. The scrip rose 0.18% to settle at Rs 391.35 on Friday, 4 July 2025. Powered by Capital Market - Live

Chandan Kumar Verma, an IRAS officer of the 2000 batch, has been appointed chief financial officer (CFO) of HSRC Infra Services, a subsidiary of RVNL. A postgraduate in botany from the University of Allahabad, he brings vast experience in financial planning, budgeting, and tender evaluation. Verma previously served as Group General Manager (Finance) at RVNL, overseeing key financial operations and regulatory compliance. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. The company reported a 4.05% decrease in consolidated net profit to Rs 459.15 crore in Q4 FY25 as against Rs 478.56 crore posted in Q4 FY24. Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025. Shares of Rail Vikas Nigam rose 0.14% to Rs 393.15 on the BSE.Powered by Capital Market - Live

The headline equity benchmarks traded in a narrow range with a slight negative bias in mid-morning trade, weighed down by a mix of global and domestic factors. India's recent forex data revealed a decline in its reserves. Meanwhile, the Israel-Iran truce helped ease geopolitical tensions, and growing optimism over a potential US-India trade deal supported sentiment. Inflows from foreign institutional investors further contributed to the positive undertone. Even concerns around the July 9 U.S. tariff deadline took a backseat, as reports of a likely extension helped calm investor nerves. The Nifty traded below the 25,600 level. Realty shares witnessed selling pressure for third consecutive trading session. At 11:28 IST, the barometer index, the S&P BSE Sensex, declined 302.88 points or 0.36% to 83,756.02. The Nifty 50 index lost 82.25 points or 0.32% to 25,555.55. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.36% and the S&P BSE Small-Cap index jumped 0.58%. The market breadth was positive. On the BSE, 2,289 shares rose and 1,567 shares fell. A total of 205 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rallied 3.12% to 12.78. Economy: India's forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. For the week ended June 20, foreign currency assets, a major component of the reserves, dropped by USD 357 million to USD 589.06 billion, the data released on Friday showed. The gold reserves were down by USD 573 million to USD 85.74 billion during the week, the RBI said. The Special Drawing Rights (SDRs) declined by USD 85 million to USD 18.672 billion, the apex bank said. India's reserve position with the IMF also declined by USD 1 million to USD 4.45 billion in the reporting week, the apex bank data showed. IPO Update: The initial public offer (IPO) of Indogulf Cropsciences received bids for 4,02,54,435 shares as against 1,33,65,710 shares on offer, according to stock exchange data at 11:15 IST on Monday (30 June 2025). The issue was subscribed 3.01 times. The issue opened for bidding on Thursday (26 June 2025) and it will close on Monday (30 June 2025). The price band of the IPO is fixed between Rs 105 and 111 per share. An investor can bid for a minimum of 135 equity shares and in multiples thereof. Buzzing Index: The Nifty Realty index fell 0.41% to 989.85. The index fell 2.92% in three consecutive trading sessions. Macrotech Developers (down 2.05%), Prestige Estates Projects (down 0.87%), DLF (down 0.85%), Brigade Enterprises (down 0.26%) and Godrej Properties (down 0.24%) were the top losers. On the other hand, Raymond (up 1.29%), Anant Raj (up 0.87%) and Phoenix Mills (up 0.66%) edged higher. Stocks in Spotlight: Rail Vikas Nigam rose 0.92%. The company emerged as the lowest bidder (L1) for an order worth Rs 213.22 crore from South Central Railway. Insolation Energy shed 0.48%. The company's wholly owned subsidiary, Insolation Green Energy, received a Letter of Intent (LOI) from Jaipur Vidyut Vitran Nigam Limited (JVVNL). Titagarh Rail Systems added 0.80%. The firm's consortium with its associate company, Titagarh Firema S.p.A, has received additional supply order for Pune Metro Rail Project from Maharashtra Metro Rail Corporation (MMRC). Global Markets: US Dow Jones futures surged over 266 points, signaling a strong start for Wall Street after last week's upbeat finish. Asian shares traded higher, riding a wave of optimism despite mixed economic signals. Investors were closely watching fresh data from across the region, including industrial output numbers from South Korea and Japan, and China's latest PMI readings. In China, manufacturing activity contracted for the third straight month in June. The official manufacturing PMI inched up to 49.7 from May's 49.5, still below the 50-mark that separates growth from contraction. Meanwhile, the non-manufacturing PMI, which captures activity in services and construction, ticked up to 50.5 from 50.3. With the economy continuing to lose steam, hopes are building for fresh stimulus measures from Beijing. Back in the US, Friday was a blockbuster session for equities. The S&P 500 closed at its highest level in over four months, gaining about 0.5%. The Nasdaq Composite also reached an all-time high, closing at a record after adding about 0.5%, while the Dow Jones Industrial Average rose nearly 1%. All three indices have made a solid comeback this month after April's slump, which was triggered by escalating trade tensions. Adding a political twist to the mix, the US Senate on Saturday narrowly voted 51-49 to begin debate on President Trump's sweeping One Big Beautiful Bill. This legislation rolls together tax cuts, spending shifts, and border security measures. While the bill still faces a turbulent legislative journey, the vote kicks off up to 20 hours of debate. However, the Congressional Budget Office estimates it could swell the federal deficit by a staggering $3.3 trillion over the next ten years. Powered by Capital Market - Live

The work involves designing, supplying, installing, testing, and commissioning the upgrade of overhead equipment (OHE) from the current 1x25 kV system to a 2x25 kV AC feeding system. This also includes the necessary feeder and earthing work in the Duvvada to Rajamundry and Samalkot to Kakinada Port sections of the Vijayawada division under South Central Railway. The contract is worth Rs 213,224,854,662.62 and is scheduled to be completed within 24 months. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. The company reported a 4.05% decrease in consolidated net profit to Rs 459.15 crore in Q4 FY25 as against Rs 478.56 crore posted in Q4 FY24. Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025.Powered by Capital Market - Live

Rail Vikas Nigam emerges as the Lowest Bidder (L1) from South Central Railway for 'Design, Supply, Erection, Testing and Commissioning for OHE upgradation of existing 1X25Kv system to 2X25Kv at feeding system with feeder and earthing works in Duvvada Rajahmundry & Samalkot- Kakinada Port section of Vijaywada Division under South Central Railway, total 195.5 RKM/391 TKM. ' The cost of the project is Rs 213.22 crore. Powered by Capital Market - Live

Rail Vikas Nigam has appointed Ms. Neeti Sarkar, IRAS as Executive Director/Finance of the Company, on deputation. Accordingly, she shall be considered as the part of Senior Management Personnel of the Company w.e.f. 18th June, 2025.Powered by Capital Market - Live

Rail Vikas Nigam (RVNL) has signed MoU with Texmaco Rail & Engineering. The MoU aims to establish a framework for collaboration in areas of mutual interest, particularly in the field of railway infrastructure and allied sectors.  The areas of collaboration may include, but shall not be limited to, the following sectors: 1. Manufacture and Maintenance of Rolling Stock 2. Operation and Maintenance of Rolling Stock and Workshops 3. Future Collaboration and Strategic Initiatives- a) Establishment/Operation for Wheel Set Manufacturing Facility & Bogie Manufacturing Plants b) Manufacturing of Metro Coaches and Trainsets in India c) Execution of EPC and Allied Infrastructure Projects d) Technology & Innovation in areas of automation, digitalization, sustainable solutions, artificial intelligence, data analytics, green technologies, and other progressive fields relevant to railway infrastructure, manufacturing, operations, and maintenance.Powered by Capital Market - Live

Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025. Profit before tax stood at Rs 546.20 crore in the fourth quarter of FY25, down 12.60% from Rs 624.96 crore reported in the same period a year ago. Total expenses declined 4.55% YoY to Rs 6,120.08 crore in the quarter ended 31 March 2025. Employee expenses stood at Rs 44.75 crore (down 1.58% YoY), finance costs were at Rs 116.98 crore (down 22.20%YoY) during the period under review. On a full-year basis, the company's consolidated net profit fell 17.36% to Rs 1,281.39 crore on an 8.93% decrease in revenue from operations to Rs 19,923.02 crore in FY25 over FY24. Meanwhile, the company's board has recommended final dividend of Rs 1.72 per share for the financial year 2024-25, subject to approval of the shareholders at the ensuing annual general meeting (AGM). The final dividend will be paid within 30 days from the date of its declaration at the AGM. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. Powered by Capital Market - Live