New Delhi, March 16, 2022: The Board of Directors of Rail Vikas Nigam Limited, (NSE: RVNL, BSE: 542649) at its meeting held today, has declared the Interim Dividend ₹ 1.58 per equity share on face valueof ₹ 10 each amounting to ₹ 329.43 crore (at the rate 15.80% of paid-up capital).
Standalone total revenue of the Company for the nine-months of FY 2022 (up to 31st December, 2021) and Profit After Tax(PAT) havebeen ₹13,137 core and ₹715 crore respectively.
The Record date for the purpose of payment of Interim Dividend is Friday, March 25, 2022.
About Rail Vikas Nigam Limited:
Rail Vikas Nigam Limited (NSE: RVNL, BSE: 542649) is a Category-I Mini-ratna CPSE under the Ministry of Railways. It was incorporated in 2003 to meet the infrastructure deficit in the country and for implementation of projects on a fast-track basis.
The Company undertakes project execution from concept to commissioning and creates project specific SPVs for raising EBRs.With less than a two-decade existence, it has established its dominant name in infrastructure development and project management consultancy in diversified infrastructure.
For more information contact:
Mr. Bhupinder Singh,
Rail Vikas Nigam Limited
Telephone: 011- 26738299
Email: investors@rvnl.org
Bhupinder.singh@rvnl.org
DISCLAIMER: Certain statements that are made in the Press Release may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like significant changes in economic environment in India and overseas, tax laws, inflation, litigation, etc. Actual results might differ substantially from those expressed or implied. Rail Vikas Nigam Limited will not be in any way responsible for any action taken based on such statements and discussion; and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.