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According to the company, the contract is scheduled to be executed within 730 days. The company clarified that the transaction does not qualify as a related-party transaction and that neither its promoters nor promoter group entities have any interest in the contract.
RVNL, a Government of India enterprise, is engaged in implementing rail infrastructure projects across the country. As of March 2026, the Government of India held a 72.84% stake in the company.
Rail Vikas Nigam (RVNL) declined 3.47% to Rs 263.10 after the company's consolidated net profit fell 58.92% to Rs 187.07 crore on 4.18% increase in revenue from operations to Rs 6,695.91 crore in Q4 FY26 over Q4 FY25.
The counter slipped 3.27% to Rs 227.95 on the BSE.
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