On a sequential basis, the company’s consolidated net profit rose 40.18%, while revenue declined 8.55%.

Total expenses increased 2.17% YoY to Rs 4,577.43 crore in Q3 FY26, compared with Rs 4,480.08 crore in Q3 FY25. Operating expenses stood at Rs 4,354.14 crore (up 3.19% YoY), while employee benefit expenses were Rs 50.80 crore (up 0.27% YoY) during the period under review.

Profit before tax (PBT) for the quarter stood at Rs 415.12 crore in Q3 FY26, up 0.53% from Rs 412.90 crore reported in Q3 FY25.

On a nine-month basis, the company’s net profit declined 16.37% YoY to Rs 687.63 crore, while revenue from operations rose 1.63% year-on-year to Rs 13,716.21 crore in 9M FY26, compared with 9M FY25.

Meanwhile, the company’s board has approved an interim dividend of Rs 1 per share (10% of the paid-up share capital) for the financial year 2025–26. The interim dividend shall be paid on or before Friday, 6 March 2026. The record date for ascertaining the eligibility of shareholders for the payment of the interim dividend for FY2025–26 is Wednesday, 11 February 2026.

Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc.

The counter slipped 1.42% to Rs 316.70 on the BSE.