Rail Vikas Nigam declines on reporting 13% fall in Q3 consolidated net profit
Rail Vikas Nigam is currently trading at Rs. 347.30, down by 12.70 points or 3.53% from its previous closing of Rs. 360.00 on the BSE.
The scrip opened at Rs. 336.25 and has touched a high and low of Rs. 354.85 and Rs. 333.60 respectively. So far 1016620 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 647.00 on 15-Jul-2024 and a 52 week low of Rs. 213.00 on 14-Mar-2024.
Last one week high and low of the scrip stood at Rs. 399.00 and Rs. 333.60 respectively. The current market cap of the company is Rs. 72412.75 crore.
The promoters holding in the company stood at 72.84%, while Institutions and Non-Institutions held 11.27% and 15.89% respectively.
Rail Vikas Nigam has reported 13.10% decline in its consolidated net profit at Rs 311.58 crore for third quarter ended December 31, 2024 (Q3FY25) as compared to Rs 358.57 crore for the same quarter in the previous year. Consolidated total income of the company decreased marginally by 3.61% at Rs 4836.06 crore for Q3FY25 as compared to Rs 5016.97 crore for the corresponding quarter previous year.
The company has reported 9.51% decline in its net profit at Rs 294.99 crore for Q3FY25 as compared to Rs 325.98 crore for the same quarter in the previous year. Total income of the company decreased marginally by 2.56% at Rs 4874.32 crore for Q3FY25 as compared to Rs 5002.30 crore for the corresponding quarter previous year.
