RVNL shares fall 3% as Q4 net profit tumbles 43%; revenue rises just 5%

Rail Vikas Nigam Limited (RVNL) shares dipped 3% after reporting a 43% year-on-year decline in standalone net profit to Rs 212 crore for the March quarter. Despite a 5% revenue increase to Rs 6,648 crore, expenses rose significantly, impacting profitability. Full-year profit also saw a 33% drop.

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