Rail Vikas Nigam has received Letter of Acceptance from Southern Railway for �Provision of MSDAC with existing DCTC at Stations (To serve as Dual detection) and replacing balance AFTCs in MAS- GDR & MSB-TBM automatic block signalling sections of Chennai Division in Southern Railway.� The value of the project is Rs 110.86 crore. Powered by Capital Market - Live News

Rail Vikas Nigam emerges as the Lowest Bidder (L1) from PSPCL for �Development of distribution Infrastructure work for Package-3 Central Zone for execution of HT/LT Infrastructure loss reduction works under reforms-based and results-linked, revamped distribution sector scheme (RDSS) in the state of Punjab.� The project is valued at Rs 642.56 crore. Powered by Capital Market - Live News

Rail Vikas Nigam has received Letter of Acceptance from South Central Railway for Engineering Procurement Construction (EPC) Contract of Doubling of Track between Navipet station (Excl) from Km 446.900 to Indalvai Station (Incl) Km 482.900 (33.70 km), {Excluding Nizamabad Yard from Km 458.825 to 461.125 (i.e.) 2.3 Km} including Electrification & Signaling works in of South-Central Railway in connection with Mudkhed-Medchal Doubling Project in the State of Telangana. The value of the project is Rs 294.94 crore. Powered by Capital Market - Live News

Rail Vikas Nigam announced that Dr. M.V.Natesan, Independent Director will cease to be a Director on the Board of RVNL w.e.f. 09 November 2024.Powered by Capital Market - Live News

Net profit of Rail Vikas Nigam declined 27.24% to Rs 286.88 crore in the quarter ended September 2024 as against Rs 394.26 crore during the previous quarter ended September 2023. Sales declined 1.21% to Rs 4854.95 crore in the quarter ended September 2024 as against Rs 4914.32 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales4854.954914.32 -1 OPM %5.286.07 - PBDT396.74485.83 -18 PBT389.31479.61 -19 NP286.88394.26 -27 Powered by Capital Market - Live News