"Our foremost priority is to continue the exceptional physical and financial performance"
Dalal Street Investment Journal|May 08, 2023
RVNL's net sales decreased by 0.74 per cent to  ₹5012.09 crore in Q3FY23 compared to the December 2021 quarter, while net profit increased by 30.51 per cent to  ₹382.42 crore from the corresponding quarter last year. What do you think caused this performance? 
Pradeep Gaur
"Our foremost priority is to continue the exceptional physical and financial performance"

In terms of top line and bottom line, we have seen an increase in revenue and profit after tax (PAT) for the FY 2021-22. We have crossed the mark of  920 crores PAT and we estimate to cross  1200 crores. Our vision for the quarter was achieved and we expect to near the  21,000 crores mark in the top line. Additionally, we have performed exceptionally well in terms of physical performance. We commissioned 1044 km of project length, which includes 925 km of doubling and 119 km of a new line, crossing the 1000 km commissioning barrier for the second time in our journey. RVNL is contributing to 30 per cent of commissioning in Indian Railways, which is higher by 25 per cent compared to last year.

Can you update us on your order book and any recognition?

This story is from the May 08, 2023 edition of Dalal Street Investment Journal.

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