'
Rail Vikas Nigam hosted a
conference call on May 17, 2024. In the conference call the company was
represented by Rajesh Prasad, Director Operations and Sanjeeb
Kumar, Director Finance & CFO.
Key takeaways of the call
Order book of the company as end
of Mar 31, 2024 stood at Rs 85000 crore of which 36000 crore are competitive bided
projects and balance are nominated projects.
The company has surpassed the FY24
guidance of top line of Rs 21000 crore plus and bottom-line of Rs 1400 crore.
Quantum jump in the turnover from
competitively bided projects, which was started two years ago. Turnover from bidding projects in 2023-24 was
Rs 2255 crore and of which the two projects the Indore Metro (the first
competitive bidding project for the company) and Maldives project (the first
overseas project) contributed Rs 986 crore together with margin of about 10%[While
the margin of Indore metro order was 10.66%...
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