Indian Railways
Rail Vikas Nigam Limited, a Navratna company under the Railway Ministry, has released the results for the fourth quarter of the financial year 2026. The company’s profit fell by about 59% on an annual basis to Rs 187 crore, whereas it was Rs 455 crore in the same quarter last year. However, an increase in the company’s income has been recorded. The impact of weak margins and rising costs was visible on the results. Despite this, the company has announced final dividend for the shareholders.
However, despite the huge decline in profits, the company has seen an increase in its total income. RVNL’s revenue increased by 4.2% to Rs 6,696 crore in the March quarter, compared to Rs 6,427.1 crore in the same period a year ago. It is clear that the company’s business has grown, but rising costs and weak operating performance have put pressure on profits.
EBITDA also remained weak
The company’s operating income i.e. EBITDA also remained weak in this quarter. It fell by 38.4% on annual basis to Rs 268.5 crore. EBITDA in the March quarter last year was Rs 436.1 crore. Along with this, the company’s EBITDA margin also declined to 4%, which was 6.8% in the same period last year. Experts believe that the company’s margins have been affected due to increase in costs and increase in project expenses. The decline of about 300 basis points shows that the company faced challenges at the operational level.
You will get this much dividend
Despite these weak results, RVNL has declared dividend, giving relief to investors. The company’s board of directors has recommended a final dividend of Rs 0.71 on each equity share of face value Rs 10 for FY 2026. However, the dividend will be paid only after the approval of the shareholders. The proposal for this will be placed in the upcoming Annual General Meeting (AGM) of the company. The company has said that after getting the approval, the dividend will be paid within 30 days.
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