)

Rail Vikas Nigam (RVNL) investor relations material
Rail Vikas Nigam Q1 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Order inflows in Q1 FY26 included significant civil and electrical engineering contracts, with the total order book at INR 101,500 crores, including legacy and new bidding projects.
Unaudited standalone and consolidated financial results for Q1 FY2025-26 were approved on August 12, 2025.
Both standalone and consolidated results were reviewed by statutory auditors, with no material misstatements identified.
Financial highlights
Standalone revenue from operations for Q1 FY2025-26 was ₹3,925.30 crore, down from ₹4,064.27 crore in Q1 FY2024-25.
Standalone net profit after tax was ₹127.85 crore, compared to ₹217.80 crore in the same quarter last year.
Gross margin declined by 13.57% year-over-year, mainly due to lower income from Ministry of Railways and higher contribution from lower-margin bidding projects.
Net margin was impacted by one-time expenses totaling INR 60 crore, including pre-bid consultancy and owner costs.
Revenue from railway projects declined by 25% year-over-year, but turnover from bidding projects increased threefold, offsetting the decline.
Outlook and guidance
Management expects to not only match but exceed last year's revenue by the end of FY26, with a strong recovery anticipated from Q2 onwards.
Margins are expected to improve as bidding projects progress and claims are settled.
Regular production and revenue recognition for the Vande Bharat train sets are expected to begin in FY27, following prototype rollout in June 2026.
The company continues to focus on the development of rail infrastructure as its primary operating segment.
Next Rail Vikas Nigam earnings date

Next Rail Vikas Nigam earnings date

The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
I can't remember the last time an app had such a positive impact on my investment process.
)
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
)
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
)
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage