Rail Vikas Nigam Ltd — earnings calls
1 quarter summarised from transcripts filed with the exchange, every statement cited. Newest first.
Q1 FY27 — transcript filed; not yet summarisedQ4 FY26
Q4 FY26 earnings call
RVNL reported standalone order inflow of INR 4,644 crore for Q4 FY26 and INR 5,875 crore for the full year, with a total order book of INR 99,262 crore as of March 31, 2026. Standalone revenue grew 47.6% quarter-on-quarter and 0.72% year-on-year, while EBITDA margin declined from 10.36% in Q3 to 5.83% in Q4 FY26, and PAT fell 32% year-on-year. Management attributed the margin pressure to a few onerous contracts and reconciliation adjustments relating to joint ventures, and said it expects margin improvement in the first quarter of FY27.