RVNL bags ₹221-cr contract from South East Central Railway in Chhattisgarh

Rail Vikas Nigam Limited (RVNL) said on Monday, June 8, it has received a letter of acceptance (LoA) from South East Central Railway for an engineering, procurement and construction (EPC) contract valued at ₹221.33 crore in Chhattisgarh.

According to the company's disclosure, the project involves replacement of panel interlocking with electronic interlocking, installation of indoor and outdoor signalling equipment, OFC huts, construction and electrification of signalling and telecommunication (S&T)

service buildings, and cabling works in adjoining block sections of stations under the Bilaspur division of South East Central Railway.

The contract covers works at 15 stations under Bilaspur. The order has been awarded by South East Central Railway, a domestic entity.

As per the exchange fillings, the project is to be executed within 730 days. RVNL said the work falls within the normal course of its business.

Q4 FY26 results

Navratna PSU Rail Vikas Nigam Ltd (RVNL), which comes under the Railway Ministry, had reported a 58.9% year-on-year decline in consolidated net profit for the fourth quarter of FY26 to ₹187.1 crore, compared with ₹455.4 crore in the same period last year.

Revenue increased 4.2% year-on-year to ₹6,696 crore from ₹6,427.1 crore. EBITDA fell 38.4% to ₹268.5 crore from ₹436.1 crore a year earlier. The EBITDA margin shrank nearly 300 bps to 4% compared to 6.8% in the corresponding quarter last year.

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Earlier, on May 20, the firm had emerged as the lowest bidder (L1) for a project from North Eastern Railway worth ₹129.46 crore.

RVNL said the order involves the design, supply, erection, testing and commissioning of traction substations along with associated switching posts for a 2x25 KV AT traction feeding system in the Varanasi–Prayagraj section of the Varanasi division of North Eastern Railway.

The project has been awarded under the EPC mode and is aimed at capacity upgrades of electric traction power supply installations.

Shares of RVNL closed at ₹227.50 on the NSE on June 8, down 3.44%.

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