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Rail Vikas Nigam (RVNL) has signed MoU with Texmaco Rail & Engineering. The MoU aims to establish a framework for collaboration in areas of mutual interest, particularly in the field of railway infrastructure and allied sectors.
The areas of collaboration may include, but shall not be limited to, the following sectors:
1. Manufacture and Maintenance of Rolling Stock
2. Operation and Maintenance of Rolling Stock and Workshops
3. Future Collaboration and Strategic Initiatives- a) Establishment/Operation for Wheel Set Manufacturing Facility & Bogie Manufacturing Plants b) Manufacturing of Metro Coaches and Trainsets in India c) Execution of EPC and Allied Infrastructure Projects d) Technology & Innovation in areas of automation, digitalization, sustainable solutions, artificial intelligence, data analytics, green technologies, and other progressive fields relevant to railway infrastructure, manufacturing, operations, and maintenance.
For the full year,net profit declined 17.37% to Rs 1281.39 crore in the year ended March 2025 as against Rs 1550.69 crore during the previous year ended March 2024. Sales declined 8.94% to Rs 19923.02 crore in the year ended March 2025 as against Rs 21878.53 crore during the previous year ended March 2024.
Profit before tax stood at Rs 546.20 crore in the fourth quarter of FY25, down 12.60% from Rs 624.96 crore reported in the same period a year ago.
Total expenses declined 4.55% YoY to Rs 6,120.08 crore in the quarter ended 31 March 2025. Employee expenses stood at Rs 44.75 crore (down 1.58% YoY), finance costs were at Rs 116.98 crore (down 22.20%YoY) during the period under review.
On a full-year basis, the company's consolidated net profit fell 17.36% to Rs 1,281.39 crore on an 8.93% decrease in revenue from operations to Rs 19,923.02 crore in FY25 over FY24.
Meanwhile, the company’s board has recommended final dividend of Rs 1.72 per share for the financial year 2024-25, subject to approval of the shareholders at the ensuing annual general meeting (AGM). The final dividend will be paid within 30 days from the date of its declaration at the AGM.
Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc.