Interim report
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2025 International Year of Cooperatives Cooperatives Build a Better World RVNL / SECY / STEX / 2026 BHARAT SHRESHTHA एक भारत BHARAT श्रेष्ठ भारत भारत National Stock Exchange of India Ltd. Exchange Plaza , Plot no . C / 1 , G Block , Bandra - Kurla Complex , Bandra ( E ) , Mumbai - 400051 Scrip : RVNL नेशनल स्टॉक एक्सचेंज ऑफ इंडिया लिमिटेड एक्सचेंज प्लाज़ा , R BSE Ltd. रेल विकास निगम लिमिटेड Rail Vikas Nigam Limited गुणवत्ता , गति एवं पारदर्शिता ( A Government of India Enterprise ) CIN : L74999DL2003GOI 118633 11th August , 2026 Department of Corporate Service , Phiroze Jeejeebhoy Towers , Dalal Street , Mumbai- 400001 Scrip : 542649 बीएसई लिमिटेड कॉर्पोरेट सेवा विभाग प्लॉट नं . सी / 1 , जी ब्लॉक , बांद्रा - कुर्ला कॉम्प्लेक्स , बांद्रा ( पूर्व ) , मुंबई - 400051 स्क्रिप : RVNL Sub : विषय : Outcome of Board Meeting बोर्ड बैठक का परिणाम Dear Sir / Madam , प्रिय महोदय / महोदया , फ़िरोज़ जीजीभॉय टावर्स , दलाल स्ट्रीट , मुंबई - 400001 स्क्रिप : 542649 Pursuant to Regulation 30 & 33 of the SEBI ( LODR ) Regulations , 2015 , the Board of Directors of the Company in its Meeting held today i.e. on 11th August , 2026 , has inter - alia considered and approved the Unaudited Financial Results ( Standalone and Consolidated ) for the quarter ended 30th June , 2026 ( as recommended by the Audit Committee ) . Accordingly , following are attached herewith : 1. Unaudited Financial Results ( Standalone & Consolidated ) for the quarter ended 30.06.2026 . 2. Limited Review Report of the Auditor . The Board Meeting commenced at 12:30 Hrs . and concluded at 14:20 Hrs . धन्यवाद , भवदीया , रेल विकास निगम लिमिटेड की ओर से kalpana ( कल्पेना दूबे ) कंपनी सचिव एवं अनुपालन अधिकारी Regd . Office : World Trade Center , Tower A , 6th to 9th Floor , Nauroji Nagar , New Delhi - 110029 Phone : + 91-11-26738299 , Fax : + 91-11-26182957 , E - mail : info@rvnl.org , Web : www.rvnl.org
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Gandhi Minocha & Co. Chartered Accountant s Block A, Pocket I /40, Sector -18, Rohini, New Delhi -110089 (INDIA) Telephone: +91 11 43582649,98100 37334 E-mail :admin@gandhiminocha.com gandhica@yahoo.com Independent Auditor's Limited Review Report on the Unaudited Standalone Financial Results of RAIL VIKAS NIGAM LIMITED for the quarter ended June 30, 2026 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as amended. Review Report to The Board of Directors of RAIL VIKAS NIGAM LIMITED 1. We have reviewed the accompanying statement of unaudited standalone financial results of RAIL VIKAS NIGAM LIMITED ("the Company") for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations") including relevant circulars issued by SEBI from time to time. 2. This statement, which is the responsibility of the Company's Management has been approved by audit committee and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim financial Reporting" ('Ind AS 34'), prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder; and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying the analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. .. 4. Based on our review conducted and procedures performed as stated in paragraph 3, nothing has come to our attention that causes us to believe that the accompanying statement of unaudited standalone fi nancial results prepared in accordance with the recognition and measurement
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principles laid down in the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act , 2013 as amended, read with relevant rules issued there under and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Listing Regulation, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. Emphasis of Matter We draw your attention to the following matters: a) The Company usually receives advance payment from Joint Venture Companies for incurring expenditure on their projects. However, in the case of one joint venture company i.e. Krishnapatnam Railway Company Limited (KRCL), the Company had incurred project expenditure and the total amount receivable from KRCL as on 30th June 2026 is Rs. 1,091.91 crore which includes Rs. 889.95 crore (as on 30th June 2025 is Rs. 1,275.25 crore which includes Rs. 889.95 crore on account of Interest) on account of Interest on delayed payment. The application of interest has been changed from compound to simple w.e.f 1st October 2024, whereas KRCL requested for application of simple interest w.e.f. 01.04.2020. The matter relating to the applicability of simple interest prior to 30.09.2024 is still under discussion with the management of KRCL. Any adjustment arising upon finalisation of the matter will be recognised in the period in which the matter is concluded. (refer note no. 4 of accompanying statement). Our conclusion on the statement is not modified in respect of the above matter. For Gandhi Minocha & Co., Chartered Accountants Firm No.: 000458N (Bhu ind r 1 (Partbgr) ] embership No.: 092867 UDIN: 26092867QOEQMJ6530 Place: New Delhi Dated: August 11, 2026
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Gandhi Minocha @ Co. Chartered Accountants Block A, Pocket I /40, Sector -18, Rohini, New Delhi -1 I 0089 (INDIA) Telephone: +91 11 43582649,98100 37334 E-mail :ad mi n@gandh i min ocha.com gandhica@yahoo.com Independent Auditors' Limited Review Report on the Unaudited Consolidated Financial Results of RAIL_ VIKAS NIGAM _LIMITED _for the Quarter ended 30 June 2026 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 20 IS, as amended. Review Report to The Board of Directors of RAIL VIKAS NIGAM LIMITED I. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of RAIL VIKAS NIGAM LIMITED ("the Holding Company") and its subsidiaries (the Holding Company and its subsidiaries together referred to as "the Group"), and its share of the net profit/(loss) after tax and total comprehensive income/(loss) of its associates and joint ventures for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Holding Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended from time to time ("the Listing Regulations") including relevant circulars issued by SEBI from time to time. 2. This Statement, which is the responsibility of the Holding Company's Management has been reviewed by the Audit Committee and approved by the Board of Directors of the Holding Company, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"}, prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued there under and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India and also considering the requirement of Standard on Auditing SA 600 on "Using the work of Another Auditor". This standard requires that we plan and perform the review to obtain moderate assurance as to whether the financial statement is free of material misstatement. A review of interim financial information consists of making inquiries. primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly,
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we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the SEBI (li sting Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable. 4. The Statement includes the results of the entities as given in the Annexure to this report. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited consolidated financial results, prepared in accordance with applicable Indian Accounting. Standard(lnd AS) prescribed under section 133 of Companies Act ,2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. 6. Emphasis of-Matter We draw attention to the following matters: a) The Holding company receives advance payment from Joint Venture Companies for incurring expenditure on their projects. However, in the case of one joint venture company, i.e., Krishnapatnam Railway Company Limited (KRCL), the Holding Company has incurred project expenditure and the total amount receivable from KRCL as on 30th June 2026 is Rs. 1,091.91 crore which includes Rs. 889.95 crore (as on 30th June 2025 is Rs. 1,275.25 crore which includes Rs. 889.95 crore on account of Interest) on account of Interest on delayed payment. The application of interest has been changed from compound to simple w.e.f 1st October 2024, whereas KRCL requested for application of simple interest w.e.f. 01.04.2020. The matter relating to the applicability of simple interest prior to 30.09.2024 is still under discussion with the management of KRCL. Any adjustment arising upon finalisation of the matter will be recognised in the period in which the matter is concluded. (refer note no. 4 of accompanying statement). Our conclusion is not modified in respect of above matters. 7. Other Matters a) The consolidated unaudited financial results include the interim financial results/information of 9 (Nine) subsidiaries (including two Foreign Subsidiaries having no reportable financial data) which have not been reviewed by their respective auditors, whose interim financial results/information reflect total revenue of Rs. 126.19, total net profit of Rs. 12. 70 crore total comprehensive income of Rs 6.10 crore for the Quarter ended June 30, 2026 as considered in the consolidated unaudited financial results.
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The consolidated unaudited financial results also include the Group's share of profit of Rs. 6.16 crores and total comprehensive income of Rs. 5.88 crores for the Quarter ended 30th June 2026 as considered in the consolidated unaudited financial results in respect of 1 (One) associate and 8 (eight) joint ventures based on their interim financial results/information, which have not been reviewed by their respective auditors. This interim financial results / information are certified by the management. Interim financial results/information in respect of these subsidiaries, joint ventures and associates are provided by the Management. According to the information and explanations given to us by the Management, these interim financial results/information are not material to the Group. b) In case of 1 Subsidiary (which has been deregistered on 30/06/26) and 4 Joint ventures (including one joint venture which in the process of closure) due to non-availability of financial results / information the same could not be considered for consolidation of financial results for the quarter ended June 30, 2026. According to the information and explanations given to us by the Management, the impact of non-inclusion of these interim financial results/information are not material to the Group. Our conclusion on the Statement is not modified in respect of the above matters. For Gandhi Minocha & Co., Chartered Accountants Firm No.: 000458N o.: 092867 UDIN: 26092867PVCAUJ4295 Place: New Delhi Dated: August 11, 2026 Ame a4,,
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Annexure to Limited Review Report on Unaudited Consolidated Quarterly Financial results for the quarter ended 30° June 2026 of Rail Vikas Nigam Limited pursuant to the Regulation 33 of the SEBI (Listing Obligation and Disclosures Requirements) Regulations, 2015, as amended. S.N Name of Entity Country of 0 Incorporation Subsidiaries s 1 HSRC Infra Services Limited India 2 Masakani Paradeep Road Vikas Limited India 3 RVNL Infra South Africa# South Africa 4 RVNL-DTCPL JV India 5 Salasar- RVNL JV (Unincorporated)- Rwanda » 6 RVNL Infra Middle East (Oman) Oman 7 RVNL Middle East Contracting L.L.C. (Dubai) Dubai 8 Rail Vikas Nigam LLC (Uzbekistan) Uzbekistan 9 Rail Vikas Nigam Co. Ltd. (One Person Company) Kingdom of Saudi Arabia Saudi Arabia (1,00,000 SAR) 10 Sabbavaram Sheelanagar Road Development Limited Indian Joint Ventures 11 Kutch Railways Company Limited India 12 Haridaspur Paradip Railways Company Limited India 13 Krishnapatnam Railways Company li mited India 14 Bharuch Dahej Railways Company Limited India 15 Angul Sukinda Railways Company Limited India 16 Kyrgyzindustry-RVNL Closed Joint Stock Company ## Kyrgyz Republic {7 Bengaluru MMLP Private Limited India 18 Chennai MMLP Private Limited India 19 Shimla Bypass Kaithlighat Shakral Private Limited India 20 Indore MMLP Private Limited India 21 Chatra Expressways Private Limited India 22 JGPL-RVNL EPC Private Limited India Associates oo 23 Kinet Railway Private Limited India # The company has been deregistered w.e.f 30/06/2026. ## The company is in the process of closure. ® a
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RAIL VIKAS NIGAM LIMITED Registered office: World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi, Delhi, India, 110029 c IN: 1749991 1.20036 0 1118633 a il: iv estors@r t .org / E " Statement of Standalone Unaudited Financial Results For the Quarter and Year Ended 30th June 2026 (Rs. in crore except EPS) For the Quarter Ended For the Financial S.no. Particulars Year Ended 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) 1 Income: (a) Revenue from Operations " 4,302.8 1 6,648.40 3,925.30 20,012.26 (b) Other Income 152.44 167.45 201.31 806.49 Total Income 4,455.25 6,815.85 4,126.61 20,818.75 2 Expenses : (a) Expense of Operation 3.979.74 6,136.20 3,730.83 18,592.45 (b) Cost of Material Consumed 62.81 155.61 - 229.2 I (c) Employee Benefits Expenses 53.08 43.54 48.88 I 93.13 (d) Finance Costs 96.94 96.93 110.83 416.79 (e) Depreciation and Amortisation Expenses 10.39 9.66 8.82 36.23 (f) Other Expenses 35.43 92.78 64.06 248.67 Total Expenses 4,238.39 6,534.72 3,963.42 19,716.48 3 Profit before Exceptional items and tax (I- 2) 216.86 281.13 163.19 1,102.27 4 Exceptional items (Net) - o Ao Jo a 5 Profit before Tax (3 + 4) 216.86 281.13 163.19 1,102.27 6 Tax Expense (a) Current Tax 56.30 72.06 40.99 286.95 (b) Adjustment of tax relating to earlier periods 1.80 - e (7.88) (c) Deferred Tax 3.14 (3.20) (5.65) 22.72 Total Tax Exnenses 61.24 68.86 35.34 301.79 7 Net Profit after tax (5- 6) 155.62 212.27 127.85 800.48 8 Other Comnrehensive Income (OCI) Items to be reclassified to Profit or Loss in a subsequent periods: Net OCI to be reclassified to Profit or Loss in - - . - subsequent periods b Items not to be reclassified to Profit or Loss in subsequent periods: (i) Items not to be reclassified to Profit or Loss in 0.63 9.84 (0.72) 7.68 subsequent periods (ii) Income tax effect thereon (0.16) (2.48) 0.18 ( 1.93 Net OCJ not to be reclassified to Profit or Loss 0.47 7.36 (0.54) so 5.75 in subsequent periods Other Comprehensive Income for the period, 0.47 7.36 (0.54) 5.75 net of tax (a+b) 9 Total Comprehensive Income for the period 156.09 219.63 127.31 806.23 (Profit and Loss & OCI), Net of Taxes (7+8) 10 Paid up Equity Share Up Capital (Face Value of Rs. 2,085.02 2,085.02 2,085.02 2,085.02 I O per share) 11 Other Equity (Excluding Revaluation Reserve) (As 6,777.80 per Audited Balance Sheet) 12 Earnings Per Equity Share (Face Value of Rs. 10 . per share) (a) Basic 0.75 1.02 0.61. 3.84 (b) Diluted 0.75 1.02 0.61 3.84 E PS for the Quarter not annualised.
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NOTES: I) The above Unaudited Standalone Financial Results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on 11 August 2026. 2) The Standalone Financial Results have been reviewed by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3) The Standalone financial results have been prepared in accordance with the Indian Accounting Standards (lnd AS) as notified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 20 15 and Companies (Indian Accounting Standards) Amendment Rules, 2016 and other recognized accounting practices and policies to the extent applicable. 4) The Company usually receives advance payment from Joint Venture Companies for incurring expenditure on their projects. However, in the case of one joint venture company i.e. Krishn apatnam Railway Company Limited (KRCL), the Company had i ncurred project expenditure and the total amount receivable from KRCL as on 30th June 2026 is Rs. 1,091.91 crore which includes Rs. 889.95 crore (as on 30th June 2025 is Rs. 1,275.25 crore which includes Rs. 889.95 crore on account of Interest) on account of Interest on delayed payment. The application of interest has been changed from compound to simple w.e.f 1st October 2024, whereas KRCL requested for application of simple interest w.e.f. 01.04.2020. The matter relating to the applicability of simple interest prior to 30.09.2024 is still under discussion with the management of KRCL. Any adjustment arising upon finalisation of the matter will be recognised in the period in which the matter is concluded. 5) The Company operates in a single reportable operating segment "Development of Rail Infrastructure" as per Ind AS I 08 Operating Segments. 6) In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Rail Vikas Nigam Limited (RVNL) has deregistered its wholly owned subsidiary, namely, RVNL Infra South Africa. incorporated in South Africa, with effect from 30 June 2026. 7) Previous period figures have been regrouped/ reclassified, wherever necessary to confirm to the figures of the current period. Place : New Delhi Date : 11.08.2026 so 7) CIN·- ~\) 9990L20036011t0¢ [=p ! For and on behalf of Board of Directors y Saleem Ahmad Chairman & Managing Director DIN: 10119432
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RAIL VIKAS NIGAM LIMITED Registered office: World Trade Center, Tower A, 6th to 9th Floor, Nauroji Nagar, New Delhi, Delhi, India, 110029 CIN : 1,74999D1.20036 0 1118633 Ema il: investors@rvnt.org Z EE Statement of Consolidated Unaudited Financial Results For the Quarter and Year Ended 30th June 2026 (Rs, in crore except EPS For the Quarter Ended For the Financial Year Ended S.no. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 (Unaudited) (Audited) (Unaudited) (Audited) I Income: (a) Revenue from Ooerations 4,321.23 6,695.91 3,908.77 20,412.12 (b) Other Income 141.06 84.98 228.19 775.23 Total Income 4,462.29 6,780.89 4,136.96 21,187.35 2 Expenses : (a) Expense of Ooeration 3983.02 6,142.53 3,736.82 I 8,937.44 (b) Cost of Material Consumed 62.81 176.15 - 249.74 (c) Employee Benefits Expenses 54.34 45.98 50.05 199.43 (d) Finance Costs 97.88 97.55 110.83 418.98 (e) Depreciation and Amortisation Expenses 10.42 9.69 8.86 36.37 (f) Other Expenses 36.44 62.72 66.36 258.03 Total Expenses 4,244.91 6,534.62 3,972.92 20,099.99 3 Profit before share of profit/(loss) of associates 217.38 246.27 164.04 1,087.36 and Joint Ventures and Tax (1-2) 4 Share of Profit/(Loss) of Joint Ventures and 6.16 4 07 9.37 93.88 Associate for the oeriod 5 Profit before Exceptional items and tax (3+4) 223.54 250.34 173.41 1,181.24 6 Exceptional items (Net) - - - - 7 Profit before Tax (5 + 6) 223.54 250.34 173.41 1,181.24 8 Tax Expense (a) Current Tax 59.08 72.05 44.69 295.82 (b) Adjustment of tax relating to earlier periods 1.80 (0.02) - (7.90 (c) Deferred Tax 3.14 (3.35 (5.64) 22.66 Total Tax Expenses 64.02 68.68 39.05 310.58 9 Net Profit after tax (7- 8) 159.52 181.66 134.36 870.66 IO Other Comprehensive Income(OCI) Items to be reclassified to Profit or Loss in a subsequent periods: (i) Net gain/ (loss) on Foreign Currency (5.54) 3.78 - (5.88) Translation Net OCI to be reclassified to Profit or Loss in (5.54) 3.78 (5.88) subsequent periods - b Items not to be reclassified to Profit or Loss in subsequent periods: (i) Items not to be reclassified to Profit or Loss 0.63 9.82 (0.74) oo, 7.66 in subsequent oeriods (ii) Income tax effect thereon (0.16 (2.47) 0.18 ( I. 93) (iii) Share of Other Comprehensive income/(expenses) in Associates/Joint Ventures - (0.0 I) - (0.01) using equity method for the period Net OCI not to be reclassified to Profit or 0.47 7.34 (0.56) 5.72 Loss in subsequent periods Other Comprehensive Income for the period, (5.079 11.12 (0.569 (0.16) net of tax (a+b) 11 Total Comprehensive Income for the period 154.45 192.78 133.80 870.50 (Profit and Loss & OCl), Net of Taxes (9+10) · Net Profit for the period attributable to: (a) Equity holders of the parent 159.36 187.07 134.53 874.70 (b) Non-controlling interests 0.16 (5.41 (0.17) (4.04) P o ,
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Other Comprehensive Income for the period attributable to: (a) Eauitv holders of the parent (5.07) 11.12 (0.56 (0.16 (b) Non-controlling interests a - - go Total Comprehensive Income for the period attributable to : (a) Equity holders of the parent 154.29 198.19 133.97 874.54 (b) Non-controlling interests 0.16 (5.41 (0.17 (4.04) 12 Paid up Equity Share Up Capital (Face Value of 2,085.02 2,085.02 2,085 .02 2,08.5.02 Rs. I O oer share) 13 Other Equity (Excluding Revaluation Reserve) . 7,736.82 (As per Audited Balance Sheet) 14 E arnings Per Equity Share (Face Value of Rs. 10 per share) (a) Basic 0.76 0.90 0.65 4.20 (b) Diluted 0.76 0.90 0.65 4.20 E PS for the Quarter not annualised. NOTES: I) The above Unaudited Consolidated Financial Results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their respective meetings held on I I August 2026. 2) The Consolidated Financial Results have been reviewed by the Statutory Auditors as required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3) The Consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 20 13 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 20 I 6 and other recognized accounting practices and policies to the extent applicable. 4) The Holding Company usually receives advance payment from Joint Venture Companies for incurring expenditure on their projects. However, in the case of one joint venture company i.e. Krishn apatnam Railway Company Limited (KRCL), the Holding Company had incurred project expenditure and the total amount receivable from KRCL as on 30th June 2026 is Rs. 1,091.9 l crore which includes Rs. 889.95 crore (as on 30th June 2025 is Rs. 1,275.25 crore which includes Rs. 889.95 crore on account of lnterest) on account of Interest on delayed payment. The application of interest has been changed from compound to simp le w.e.f Ist October 2024, whereas KRCL requested for application of simple interest w.e.f. 01.04.2020. The matter relating to the applicability of simple interest prior to 30.09.2024 is still under, discussion with the management of KRCL. Any adjustment arising upon finalisation of the matter will be recognised in the period in which the matter is concluded. 5) The Group and Associates & Joint Ventures operates in a single reportable operating segment "Development of Rail Infrastructure" as per Ind AS I 08- Operating Segments. 6) In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby infonned that Holding Company has deregistered its wholly owned subsidiary, namely, RVNL Infra South Africa, incorporated in South Africa, with effect from 30 June 2026. 7) Previous period figures have been regrouped/ reclassified, wherever necessary to confirm to the figures of the current period. Place : New Delhi Date : 11.08.2026 For and on behalf of Board of Directors Saleem Ahmad Chairman & Managing Director DIN: 10119432