Rail Vikas Nigam Limited (RVNL) will be in focus as the company bagged a fresh order worth ₹967.93 crore from the East Coast Railway on Wednesday, June 17.
In a regulatory filing, RVNL said it has received a Letter of Acceptance (LoA) from East Coast Railway for the construction of the third and fourth railway lines between Nergundi-Barang (22 km) and Khurda Road-Vizianagaram (363 km) on the Bhadrak-Vizianagaram section, covering a total length of 385 km.
The scope of the project also includes the construction of key bridges on an EPC basis, including Bridge No. 539 (16×30.5m open web steel girder over the Birupa River), Bridge No. 544 (32×65.84m over the Mahanadi River), Bridge No. 553 (18×45.70m over the Kathjori River), and Bridge No. 557 (20×45.70m over the Kuakhai River).
The Navratna Central Public Sector Enterprise (CPSE) firm under the Ministry of Railways said that the contract will be executed in 1,095 days.
RVNL Q4 earnings
Indian Railways’ construction arm had posted a 58.92% year-on-year (YoY) fall in its consolidated net profit to ₹187.07 crore for the January-March quarter of the 2025-26 financial year (Q4 FY26). In the corresponding period of the preceding fiscal year, the company had logged a profit of ₹455.42 crore.
However, the Navratna PSU recorded a 4.18% YoY increase in its revenue from operations to ₹6,695.91 crore during the quarter under review, compared with ₹6,427.11 crore in the fourth quarter of the 2024-25 fiscal year (Q4 FY25).
At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹269 crore in Q4 FY26, marking a 38.42% YoY drop from ₹436 crore in the year-ago period.
Its EBITDA margin contracted to 4.01% for the reporting quarter, in comparison to 6.79% in the March FY25 quarter.
RVNL share price
From the beginning of the year, RVNL shares have fallen 32%. Over a month’s time, the stock has tumbled 11%, while it has slipped 20% in the last six months.
On Wednesday, RVNL shares closed at ₹245.14 apiece on the National Stock Exchange, rising 1.66%.
Shares of the company had touched their one-year high of ₹413.45 apiece on June 17, 2025, while their 52-week low of ₹221.55 was hit on June 11, 2026.
Rail Vikas Nigam has a total market capitalisation of ₹51,208.09 crore as of June 17, 2026, according to data on the NSE.