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RVNL wins big contract to electrify Indian railway but reports drop in profits.
RVNL, a state-owned railway construction firm, received a Rs 156.36 crore contract from South Western Railway to electrify a railway section in India.
Despite recent contract wins, RVNL saw a 13.1% drop in net profit in the last quarter and a 2.6% fall in revenue.
The company's stock has risen 42% over the past year.
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RVNL gana un gran contrato para electrificar el ferrocarril indio, pero reporta una caída en las ganancias.