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Rail Vikas Nigam reports 36% rise in Q2 consolidated net profit

11 Nov 2022 Evaluate

Rail Vikas Nigam reported results for second quarter ended September 30, 2022.

The company has reported rise of 34.46% in its net profit at Rs 298.58 crore for Q2FY23 as compared to Rs 222.06 crore for the corresponding quarter previous year. Total income of the company increased by 21.63% to Rs 5,126.59 crore for the quarter under review as compared to Rs 4,214.86 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 36.52% in its net profit at Rs 381.22 crore for the quarter under review as compared to Rs 279.24 crore for the same quarter in the previous year. Total income of the company increased by 21.72% to Rs 5,130.83 crore for the quarter under review as compared to Rs 4,215.21 crore for the same quarter in the previous year.

Peers
Company Name CMP
Larsen & Toubro 3830.25
Kalpataru Projects 1383.60
NCC 130.70
Rail Vikas Nigam 204.40
KEC International 391.45
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