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RVNL shares in focus after Q2 profit falls 27% YoY
Rail Vikas Nigam Ltd (RVNL) reported a 27% YoY drop in Q2FY25 net profit to Rs 286.9 crore, impacted by lower margins and reduced earnings. Revenue declined 1.2% YoY to Rs 4,855 crore. However, sequentially, profit rose 28.1%, and revenue increased 19.2%. RVNL's shares surged 162% in 2024, currently trading at a P/E ratio of 77.8.
