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11-Nov-2023

Rail Vikas Nigam

Net up 3% on flat sales


'Consolidated net sales (including other operating income) of Rail Vikas Nigam for the quarter ended Sep 2023 has increased 0.11% to Rs 4914.32 crore.  Operating profit margin has declined from 6.44% to 6.07%, leading to 5.60% decline in operating profit to Rs 298.29 crore.  Employee cost decreased from 1.11% to 0.94%.   Other expenses rose from 92.45% to 92.99%.   Other direct service cost rose from 91.79% to 92.44%.   

Other income rose 33.38% to Rs 296.02 crore.  PBIDT rose 10.48% to Rs 594.31 crore.  Provision for interest rose 1.42% to Rs 132.69 crore.  PBDT rose 13.40% to Rs 461.62 crore.  Provision for depreciation rose 29.05% to Rs 6.22 crore.  

Profit before tax grew 13.21% to Rs 455.40 crore.  Share of profit/loss was 69.24% lower at Rs 24.21 crore.  Provision for tax was expense of Rs 85.19 crore, compared to Rs 99.76 crore.  Effective t...



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