Rail Vikas Nigam Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Rail Vikas Nigam Ltd reported a 5.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 3.6%.
- Its expenses for the quarter were down by 5.3% QoQ and 2.3% YoY.
- The net profit increased 8.6% QoQ and decreased 13.1% YoY.
- The earnings per share (EPS) of Rail Vikas Nigam Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4836.06 | 5136.07 | 5016.97 | -5.8% | -3.6% |
Total Expenses | 4480.08 | 4731.52 | 4584.44 | -5.3% | -2.3% |
Profit Before Tax | 355.98 | 404.55 | 432.53 | -12.0% | -17.7% |
Tax | 101.32 | 102.41 | 103.98 | -1.1% | -2.6% |
Profit After Tax | 311.58 | 286.90 | 358.57 | 8.6% | -13.1% |
Earnings Per Share | 1.50 | 1.40 | 1.70 | 7.1% | -11.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Rail Vikas Nigam Ltd is a public sector enterprise under the Indian Ministry of Railways, primarily involved in the implementation of rail infrastructure projects. The company focuses on building new railway lines, enhancing existing networks, and modernizing railway infrastructure. As a central government entity, Rail Vikas Nigam Ltd plays a crucial role in India's rail network expansion and development. The company's operations are pivotal in supporting the Indian Railways' efforts to improve transportation efficiency across the country. Recent major developments in the company are not available, but its consistent involvement in national infrastructure projects indicates its ongoing significance in the sector.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Rail Vikas Nigam Ltd reported total income of ₹4836.06 crores. This reflects a quarter-over-quarter (QoQ) decrease of 5.8% from the second quarter of fiscal year 2025 (Q2FY25), where total income was ₹5136.07 crores. Additionally, there was a year-over-year (YoY) decline of 3.6% compared to the third quarter of fiscal year 2024 (Q3FY24), which had an income of ₹5016.97 crores. The downward trend in revenue both QoQ and YoY may point to variations in project execution or other operational factors during this period.
Profitability
The company recorded a profit before tax (PBT) of ₹355.98 crores in Q3FY25, showing a QoQ decrease of 12.0% from Q2FY25, where PBT was ₹404.55 crores. Year-over-year, there was a 17.7% decline in PBT compared to Q3FY24, when it was ₹432.53 crores. Despite these decreases, the profit after tax (PAT) in Q3FY25 was ₹311.58 crores, marking an 8.6% increase from the previous quarter, Q2FY25, which stood at ₹286.90 crores. However, this represents a 13.1% decline YoY from ₹358.57 crores in Q3FY24. The earnings per share (EPS) in Q3FY25 was reported as ₹1.50, which is a 7.1% increase quarter-over-quarter from ₹1.40 in Q2FY25, but an 11.8% decrease from ₹1.70 year-over-year in Q3FY24. These metrics reflect notable fluctuations in profitability measures for the company.
Operating Metrics
Rail Vikas Nigam Ltd's total expenses for Q3FY25 were ₹4480.08 crores, which signifies a reduction of 5.3% on a QoQ basis from ₹4731.52 crores in Q2FY25. Compared to the same quarter last year, Q3FY24, total expenses fell by 2.3% from ₹4584.44 crores. The tax paid in Q3FY25 was ₹101.32 crores, showing a slight decrease of 1.1% from ₹102.41 crores in Q2FY25, and a 2.6% decrease from ₹103.98 crores in Q3FY24. These changes in operating expenses and tax payments contribute to understanding the company's cost management and financial health.
