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    RVNL December quarter profit slumps 63% to Rs 103 crore

    Synopsis

    The income rose to Rs 3,773.13 crore from Rs 3,081.74 crore in the same period a year ago.

    Rail Connectivity
    The company's stock closed at Rs 23.75, down 3.85 per cent, on the BSE.
    State-owned Rail Vikas Nigam Ltd (RVNL) on Wednesday posted 62.9 per cent decline in consolidated net profit at Rs 103.48 crore for the quarter ended December 31, 2019. It had clocked a profit of Rs 279.51 crore in the year-ago period, RVNL said in a filing to the BSE.

    However, the income rose to Rs 3,773.13 crore from Rs 3,081.74 crore in the same period a year ago, the filing said.

    The company's stock closed at Rs 23.75, down 3.85 per cent, on the BSE.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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