The initiative includes the construction of crucial bridges over the Birupa, Mahanadi, Kathjori, and Kuakhai rivers on an engineering, procurement, and construction (EPC) basis. The contract is valued at ₹967.93 crore, inclusive of 18% GST, as stated in the company’s regulatory filing on Tuesday.
RVNL mentioned that the project is to be completed within 1,095 days. The order has been granted by East Coast Railway and adheres to standard contract conditions.
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Earlier this June, the company revealed it had secured a letter of acceptance (LoA) from South East Central Railway for an engineering, procurement, and construction (EPC) contract worth ₹221.33 crore in Chhattisgarh.
As per the company’s disclosure, the project entails replacing panel interlocking with electronic interlocking, installing indoor and outdoor signalling equipment, OFC huts, as well as constructing and electrifying signalling and telecommunication (S&T) service buildings, along with cabling works in adjacent block sections of stations within the Bilaspur division of South East Central Railway.
Q4 results
The Navratna PSU under the Railway Ministry reported a 58.9% year-on-year decline in consolidated net profit for the fourth quarter of FY26, totaling ₹187.1 crore, down from ₹455.4 crore during the same period last year.
Revenue saw a 4.2% year-on-year increase, rising to ₹6,696 crore from ₹6,427.1 crore. However, EBITDA decreased by 38.4%, falling to ₹268.5 crore from ₹436.1 crore a year earlier. The EBITDA margin contracted nearly 300 bps to 4%, compared to 6.8% in the equivalent quarter last year.
Shares of Rail Vikas Nigam Limited ended 1.85% higher at ₹245.60 on the NSE on June 17.
(Edited by : Jomy Jos Pullokaran)
