RVNL Shares Fall Over 3% as Q4 Consolidated Profit Crashes 59% YoY
Rail Vikas Nigam Ltd (RVNL) shares fell on 26 May, touching an intraday low of Rs 261.05 on NSE, after the company reported its Q4 FY26 results.
Consolidated net profit collapsed 58.9% year-on-year to Rs 187 crore in Q4 FY26. A year ago, the same number stood at Rs 455 crore. That is not a small miss, it is more than half the profit, gone.
RVNL’s revenue told a different story. Operations brought in Rs 6,696 crore for the quarter, up 4.2% from Rs 6,427 crore in Q4 FY25. So the work kept coming in. The problem was what happened after, costs climbed faster than revenue, squeezing out most of the profit along the way.
The board declared a final dividend of Rs 0.71 per equity share for FY26, subject to shareholder approval at the AGM.
RVNL stock is down 35.98% over the past year. The 52-week high was Rs 442.80, hit back in June 2025. Since then the stock has lost nearly 40% of that peak value, with a 52-week low of Rs 248.00 touched as recently as March 2026.
At 11:12 am on NSE, RVNL shares were trading at Rs 263.80, down 3.17% from the previous close of Rs 272.45.
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