Rail Vikas Nigam Q4 2024 Results: Consolidated PAT up 33.17% while revenue up by 17% on a YOY basis

Tanushree Jaiswal 17th May 2024 - 05:42 pm

Synopsis:

Rail Vikas Nigam Limited announced its quarterly results for March 2024 on 17th May. It reported a consolidated PAT of ₹ 478.40 cr for Q4 FY2024. Its consolidated total revenue for Q4 FY2024 increased by 17.04% on a YOY basis reaching ₹ 6994.31 cr. The company also declared a ₹ 2.11 per share dividend.

Quarter result performance

The company’s consolidated total revenue for Q4 FY2024 was up by 17.04% on a YOY basis, reaching ₹ 6994.31 cr from ₹ 5975.88 cr in Q4 FY2023. The quarterly consolidated revenue was up by 39.41%. Rail Vikas Nigam reported a consolidated PAT of ₹ 478.40 cr for Q4 FY2024 against ₹ 359.25 cr in Q4 FY2023, which is an increase of 33.17%. On a quarterly basis, the consolidated PAT was up by 33.42%. The company’s PAT margin stood at 6.84%.

Rail Vikas Nigam (RVN) Limited
Revenue	Q4 FY24	Q3 FY24	Q4 FY23
	6,994.31	5,016.97	5,975.88

% Change		39.41%	17.04%
	(Current)	(Q-o-Q)	(Y-o-Y)
PBT	Q4 FY24	Q3 FY24	Q4 FY23
	624.96	462.55	496.00

% Change		35.11%	26.00%
	(Current)	(Q-o-Q)	(Y-o-Y)
PBT M BPS(%)	Q4 FY24	Q3 FY24	Q4 FY23
	8.94	9.22	8.30

% Change		-3.09%	7.65%
	(Current)	(Q-o-Q)	(Y-o-Y)
PAT (₹ Cr)	Q4 FY24	Q3 FY24	Q4 FY23
	478.40	358.57	359.25

% Change		33.42%	33.17%
	(Current)	(Q-o-Q)	(Y-o-Y)
PAT M BPS (%)	Q4 FY24	Q3 FY24	Q4 FY23
	6.84	7.15	6.01

% Change		-4.30%	13.78%
	(Current)	(Q-o-Q)	(Y-o-Y)
EPS	Q4 FY24	Q3 FY24	Q4 FY23
	2.29	1.72	1.72

% Change		33.14%	33.14%
	(Current)	(Q-o-Q)	(Y-o-Y)

For the full financial year ending in March 2024, the consolidated PAT stood at ₹ 1,574.47 cr compared to ₹1,341.75 cr in FY 2023, up by 17.34%. For FY 2024, its consolidated total revenue stood at ₹ 23,074.80 cr compared to ₹ 21,278.01 cr in FY 2023, up by 8.44%.

Rail Vikas Nigam announced a dividend of ₹ 2.11 per share.

About Rail Vikas Nigam Limited

Rail Vikas Nigam Limited (RVNL) is a central public sector enterprise established in 2003 under the Ministry of Railways, India. Headquartered in New Delhi, RVNL operates with the primary aim of developing and augmenting railway infrastructure in the country. The company launched its initial public offering (IPO) in March 2019, offering a 12% stake.

How do you rate this article?

Characters remaining (1500)

View All

Tanushree Jaiswal

Disclaimer: Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

FREE Trading & Demat Account

+91