RVNL Shares Gain Spotlight as Q3 Profit Rises 4% YoY to ₹324 Crore

Rail Vikas Nigam Ltd (RVNL), the state-owned railway infrastructure PSU, announced its Q3 FY2026 results, posting a net profit of ₹324 crore, up 4% from ₹312 crore in the same quarter last year. Revenue from operations grew 3% YoY to ₹4,684 crore, reflecting steady project execution despite cost pressures.

The company also declared an interim dividend of ₹1 per share, with February 11, 2026 set as the record date. Analysts noted that while profitability improved modestly, rising expenses continue to weigh on margins, keeping profit before tax largely flat.

RVNL’s performance underscores its resilience in India’s infrastructure sector, with long-term growth prospects tied to railway modernization and government-backed projects.

Key Highlights

• Net Profit: ₹324 crore in Q3 FY2026, up 4% YoY.
• Revenue: ₹4,684 crore, a 3% YoY increase.
• Dividend: ₹1 per share interim dividend; record date February 11, 2026.
• Margins: Higher project costs limited expansion.
• Outlook: Strong pipeline of railway projects supports long-term growth.

Sources: Economic Times, ETMarkets, Indian Masterminds