Government company Rail Vikas Nigam Limited (RVNL) on Thursday announced the results for the September 2024 quarter. The company has registered a decline of 27.2 percent year-on-year in its profit during this period. The company's profit has fallen to Rs 287 crore, which was Rs 394.3 crore in the same quarter a year ago. Talking about the company's income, it has fallen by 1.2 percent year-on-year to Rs 4,855 crore, which was Rs 4,914.3 crore in the same quarter a year ago.

In the quarter ended September 2024, the company has recorded an EBITDA of Rs 271.5 crore, which was Rs 298.2 crore in the same quarter a year ago. This is a decline of 9 per cent in the EBITDA of the company. The EBITDA margin of the company has come down from 6 per cent year-on-year to Rs 5.6 crore. Stock performance RVNL's stock closed 1.38 per cent higher at Rs 476.15 on the NSE on Thursday. In the last one year, this railway stock has seen a gain of 204.93 per cent. The 52-week high of the stock is Rs 647.