Rail Vikas Nigam Ltd (RVNL) has bagged a Rs 1,134-crore order for a Chennai Metro Rail project.
“Rail Vikas Nigam Limited (RVNL) has received a letter of approval (LoA) on January 10, 2023 for the construction of an elevated viaduct (approximate length of 10 kilometers), nine elevated metro stations and a stabling viaduct, the company said in an exchange filing. “The accepted contract amount is Rs 1,134.1 crore,” it added.
In the second quarter ended September 2022, the company had posted a 36 percent rise in its consolidated net profit at Rs 381.22 crore. Its net sales grew 22 percent to Rs 4,908 crore during the quarter.
