Shares of Rail Vikas Nigam Limited are expected to remain in focus on Monday, May 26, after the state-owned railway infrastructure company reported weak consolidated earnings for the fourth quarter of FY26.
The company posted a sharp decline in profitability during the March quarter, while revenue growth remained modest on a year-on-year basis. Weak operating performance and margin contraction weighed on the overall quarterly numbers.
RVNL reported a consolidated net profit of Rs 187 crore in Q4FY26, marking a decline of 58.9% compared to Rs 455 crore reported in the corresponding quarter last year.
The company’s revenue from operations stood at Rs 6,696 crore during the quarter, registering a growth of 4.2% from Rs 6,427 crore in Q4FY25.
At the operating level, EBITDA fell 38.4% year-on-year to Rs 269 crore against Rs 436 crore reported a year ago. EBITDA margin also narrowed significantly to 4% in the March quarter compared to 6.8% in the same period last year, indicating pressure on operational efficiency.
RVNL remains one of the key public sector companies engaged in railway infrastructure development and project execution across India. The stock is likely to witness investor reaction in today’s trading session following the sharp drop in earnings and operating profitability.