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Rail Vikas Nigam's Consolidated Profit Declines in Fiscal Q4; Shares Down 4%

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Rail Vikas Nigam's (NSE:RVNL, BOM:542649) consolidated net profit declined to 1.87 billion Indian rupees in the fiscal fourth quarter ended March 31, from 4.55 billion rupees a year ago.

Earnings per share contracted to 0.90 rupees from 2.18 rupees a year earlier, the railway construction company said in a filing to the Indian stock exchanges on Monday.

The company's shares were down nearly 4% in recent trade.

Revenue from operations in fiscal Q4, however, increased to 67.0 billion rupees from 64.3 billion rupees a year ago.

The company's board recommended a final dividend of 0.71 rupees per share on the paid-up equity share capital of face value of 10 rupees each for the financial year 2025-26.

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