Sanjeeb Romar
Director Finance, Rail Vikas Nigam Limited
In Q4FY23, the company’s revenue from operations registered a decline of 11 per cent on a YoY basis to ₹5719.8 crore, while the net profit of the company dipped by 5 per cent from the corresponding quarter last year. What were the contributing factors to the company’s performance?
The financial year 2022-23 has been an important year for the growth trajectory of RVNL. While the Q4FY23 numbers don’t look promising, as you mentioned in your question, the fact is that we have achieved steady growth, both in terms of physical and financial, in this financial year. Our competence has made us win a number of projects, the results of which would show up in our financials in the coming quarters, and we are determined to grow substantially.
Could you provide insights into the company's order book and its execution plans? What is the target for the order book that the company aims to achieve?
This story is from the August 14, 2023 edition of Dalal Street Investment Journal.
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This story is from the August 14, 2023 edition of Dalal Street Investment Journal.
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