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News Entry# 555719
Jun 11 (20:42) Siemens-RVNL Consortium Wins ₹394 Crore Bangalore Metro Project
Entry# 6092145   
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Siemens-RVNL Consortium Secures ₹394 Crore Bangalore Metro Project

On June 10th, the Siemens-RVNL consortium secured a ₹394 crore contract from Bangalore Metro Rail Corporation Ltd (BMRCL) for phases 2A and 2B of the Bangalore Metro. This project involves engineering, supply, erection, testing, and commissioning of 33 KV distribution, 750V DC third rail traction electrification, including traction substations, auxiliary substations,...
more...
and SCADA systems. Siemens Ltd holds a 70% stake in the consortium, while RVNL holds 30%. RVNL's recent financial report highlighted a 33.2% year-on-year increase in net profit to ₹478.6 crore for Q4 ending March 31, 2024. Revenue rose by 17.4% to ₹6,714 crore, EBITDA increased by 21.8% to ₹456.4 crore, with an EBITDA margin of 6.8%. RVNL, an executing arm of Indian Railways, handles projects assigned by the Ministry of Railways. Rail Vikas Nigam Ltd's shares closed at ₹373.80, marking a 0.16% increase on the BSE.

10 June ko, Siemens-RVNL consortium ko Bangalore Metro Rail Corporation Ltd (BMRCL) se ₹394 crore ka project mila. Yeh project Bangalore Metro ke phase 2A aur 2B ke liye hai. Isme 33 KV distribution, 750V DC third rail traction electrification, traction substations, auxiliary substations aur SCADA systems ka engineering, supply, erection,...
more...
testing aur commissioning shamil hai. Siemens Ltd consortium mein 70% stake rakhta hai, aur RVNL 30% rakhta hai. RVNL ka recent financial report mein, net profit 33.2% badha hai, jo ₹478.6 crore hua hai March 31, 2024 ko khatam hone wala Q4 mein. Revenue 17.4% badha hai, aur ₹6,714 crore hua hai. EBITDA 21.8% badha hai, aur ₹456.4 crore hua hai, jiska EBITDA margin 6.8% hai. RVNL, Indian Railways ka executing arm hai, jo Ministry of Railways ke projects handle karta hai. Rail Vikas Nigam Ltd ke share ₹373.80 pe close hue, jo BSE pe 0.16% badha hai.
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