RVNL2023-04-012023-06-30 RVNL2023-04-012023-06-30in-bse-fin:OneOperatingExpenses01Member RVNL2023-06-30 RVNL2023-04-012023-06-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 542649 RVNL NOTLISTED Rail Vikas Nigam Limited Equity 2023-04-01 2024-03-31 2023-08-12 2023-07-26 INR Crores First quarter 12:30:00 15:15:00 2023-08-12 2023-08-12 Not applicable Single segment Development of Rail Infrastructure 2023-04-01 2023-06-30 Unaudited Consolidated 55715700000.00 2816100000.00 58531800000.00 51366000000.00 0.00 0.00 465800000.00 1460500000.00 55000000.00 392900000.00 53740200000.00 4791600000.00 0.00 4791600000.00 1489900000.00 -52800000.00 1437100000.00 0.00 3354500000.00 0.00 0.00 0.00 76400000.00 3430900000.00 400000.00 3431300000.00 3429000000.00 1900000.00 3429400000.00 1900000.00 20850200000.00 10 1.65 1.65 0.00 0.00 1.65 1.65 1. The above Standalone/ Consolidated financial results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors in their meeting held on 12th August 2023. 2. As required under Regulation 33 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations 2015 (as amended), the Statutory Auditors of the Company have conducted a limited review of the above financial results for the quarter ended 30th June, 2023. 3. Figures of last quarter are balancing figures between audited figures in respect of the full financial year and the published year to date unaudited figures up to the third quarter of the relevant financial year. 4. The Standalone/Consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standard) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules, 2016 and other recognized accounting practices and policies to the extent applicable. 5. The Company /Group operates in a single reportable operating segment Development of Rail Infrastructure as per Ind AS 108 -Operating Segments. 6. Section 115BAA has been inserted in the Income Tax Act, 1961 vide The Taxation laws (Amendment) Act, 2019, which enables domestic Companies to exercise a non-reversible option to pay corporate tax at reduced rates effective from 1st April, 2019 subject to certain conditions. The Company has not exercised this option yet. 7. In respect of Krishnapatnam Railway Company Limited (KRCL), RVNL is entitled for departmental charges @ 5% of the total cost of work as per the detailed estimate/revised estimate/completion estimate as provided in paragraph 1137 of the Code for Engineering Department of Indian Railways. RVNL has received representation from KRCL for waiver of the aforesaid departmental charges apart from other relaxations from contractual obligations. Based on the representation made by KRCL, the management of the Company has decided to keep in abeyance the claim of the said departmental charges Pending detailed review of the subject matter by the Board of Directors of the Company. 8. Wherever necessary, figures for the previous periods/ year have been regrouped, reclassified/recasted to conform to the classification of the current period/year. Other Expenses 392900000.00 Items that will not be reclassified to Profit & Loss 500000.00 500000.00 100000.00 0.00