Rail Vikas Nigam has reported results for fourth quarter (Q4) and year ended March 31, 2024.
The company has reported 25.50% rise in its net profit at Rs 433.32 crore for the quarter under review as compared to Rs 345.28 crore for the same quarter in the previous year. Total income of the company increased by 16.67% at Rs 6,979.98 crore for Q4FY24 as compared Rs 5,982.49 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 33.17% rise in its net profit at Rs 478.40 crore for fourth quarter ended March 31, 2024 as compared to Rs 359.25 crore for the same quarter in the previous year. Total income of the company increased by 17.04% at Rs 6,994.31 crore for Q4FY24 as compared Rs 5,975.88 crore for the corresponding quarter previous year.
For the year ended March 31, 2024, the company has reported 15.38% rise in its net profit at Rs 1,462.95 crore as compared to Rs 1,267.97 crore for the previous year. Total income of the company increased by 7.66% at Rs 22,915.13 crore for year under review as compared to Rs 21,285.51 crore for year ended March 31, 2023.
For the year ended March 31, 2024, on the consolidated basis, the company has reported 17.34% rise in its net profit at Rs 1,574.47 crore as compared to Rs 1,341.75 crore for the previous year. Total income of the company increased by 8.44% at Rs 23,074.80 crore for year under review as compared to Rs 21,278.01 crore for year ended March 31, 2023.
