Latest news with #DelhiMRTSPhase-IVProject
Business Standard
13 hours ago
- Business
- Business Standard
RVNL edges higher after securing Rs 447 crore contract from Delhi Metro
Rail Vikas Nigam advanced 1.35% to Rs 387.50 after the company announced that it has received a letter of acceptance (LOA) from the Delhi Metro Rail Corporation for a project valued at Rs 447.42 crore. The contract, identified as D2C-02, involves the part design and construction of a 7.298-kilometer viaduct. This viaduct will span from chainage 1202.782m to chainage 8501.25m. The project also includes the construction of seven station platforms (Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar), along with pre-engineered building structures at all stations along the Lajpat Nagar to Saket G Block corridor. This work is part of the Delhi MRTS Phase-IV Project, the company stated. The project has to be completed within a period of 36 months. Rail Vikas Nigam is in the business of executing all types of railway projects, including new lines, doubling, gauge conversion, railway electrification, metro projects, workshops, major bridges, construction of cable-stayed bridges, institution buildings, etc. The company reported a 4.05% decrease in consolidated net profit to Rs 459.15 crore in Q4 FY25 as against Rs 478.56 crore posted in Q4 FY24. Revenue from operations slipped 4.27% YoY to Rs 6,426.88 crore in the quarter ended 31 March 2025.
Business Upturn
a day ago
- Business
- Business Upturn
RVNL secures Rs 447 crore contract from Delhi Metro for Phase-IV Viaduct construction
By Aman Shukla Published on July 14, 2025, 19:12 IST Rail Vikas Nigam Limited (RVNL) has bagged a significant contract from Delhi Metro Rail Corporation (DMRC) under Delhi MRTS Phase-IV. The contract, valued at ₹447.42 crore (including 18% GST), involves the part design and construction of a 7.298-km viaduct stretching from Chainage 1202.782 M to Chainage 8501.25 M. The scope includes construction of platforms at seven metro stations — Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj, and Lajpat Nagar — along with pre-engineered building structures. The entire project is expected to be completed within 36 months. In the exchnages filings, the company shared, 'Rail Vikas Nigam Limited has received LOA from Delhi Metro Rail Corporation Limited for 'Contract D2C-02: 'Part Design and Construction of viaduct of length 7.298 kms. from Chainage 1202.782 M to Chainage 8501.25 M including seven (07) stations (only platforms) namely Pushp Vihar, Saket District Court, Pushpa Bhawan, Chirag Delhi, GK-1, Andrews Ganj And Lajpat Nagar including Pre-Engineered Building Structure in all stations of Lajpat Nagar to Saket G block corridor of Delhi MRTS Phase-IV Project.' Awarded by a domestic entity, this project falls under RVNL's regular course of business and is not a related party transaction. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
