Rail Vikas Nigam Limited has informed the Exchange that Board of Directors at its meeting held on May 25, 2026, recommended Final Dividend of Rs. 0.71 per equity share.
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On the reaction day the stock moved 5.1 pts less than Nifty Midcap 150 and 4.6 pts less than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Rail Vikas Nigam Limited's Board approved audited FY2026 financial results showing standalone revenue of Rs. 20,012.26 crore and net profit of Rs. 800.48 crore, down from Rs. 1,188.62 crore in FY2025 (33% decline). Consolidated net profit was Rs. 870.66 crore versus Rs. 1,277.79 crore in the prior year. The Board recommended a final dividend of Rs. 0.71 per share (face value Rs. 10), in addition to the Rs. 1 interim dividend already paid during the year. The company also disclosed closure of its Kyrgyzstan JV (Kyrgyzindustry-RVNL CJSC) and establishment of a new wholly-owned subsidiary in Andhra Pradesh. Auditors Gandhi Minocha & Co. issued unmodified opinions.
Profit decline may concern investors, though the combined dividend of Rs. 1.71 per share shows continued commitment to shareholder returns. The Rs. 1,116 crore receivable from KRCL remains a pending item awaiting board resolution.