Shares of Rail Vikas Nigam (RVNL) are expected to attract investor interest during Friday's trade, November 13, after the railway major reported its financial performance for the September quarter (Q2 FY27) post-market hours on Thursday.
The company reported a net profit of ₹253.71 crore in Q2 FY27, registering a growth of 10% year-on-year (YoY) compared to ₹230.52 crore in Q2 FY26. The growth in profitability came despite a decline in revenue, supported by a reduction in expenses during the quarter.
Revenue from operations declined by 8.24% YoY to ₹4,701 crore in Q2 FY27 from ₹5,123 crore in the corresponding quarter of the previous financial year.
On the operating front, RVNL reported an operating profit of ₹264 crore in Q2 FY27, marking an increase of 19.51% compared to ₹221 crore in Q2 FY26, indicating an improvement in operating performance despite the decline in revenue.
For the first half of FY27 (H1 FY27), RVNL reported a net profit of ₹413.23 crore, registering a growth of 13.25% compared to ₹365 crore in H1 FY26.