Further, the company also received another order worth Rs 256.19 crore. The order includes construction of six elevated metro station, Pili Nadi to Lekha Nagar in Reach-2A; one elevated and one at-grade station, Ecopark and Metro City in Reach-IA respectively.

The project also constitutes construction of at-grade section formation earthwork, boundary wall and retaining wall; elevated metro track supporting structure for Eco Park Metro station; multi-storied building at Tulsi School Land (at Sitabuldi) of NMRP Phase-2.

Both the projects will be executed in 30 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.

Rail Vikas Nigam (RVNL) reported 15.19% rise in consolidated net profit to Rs 342.90 crore in Q1 FY24 as against Rs 297.67 crore posted in Q1 FY23. Revenue from operations jumped 20.1% year on year to Rs 5,571.57 crore in the quarter ended 30 June 2023.

The scrip advanced 3.88% to Rs 163.35 on the BSE.