Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30.06.2026.

t'f9'4'-•,, e: International Year or f@rasrez fcraa f@rn '1 .{ of Cooperatives .. .. . .. .. 2025 J~ Cooperatives Build Better World ® (A Government of India Enterprise) CIN: L74999DL2003GOl118633 RVNL/SECY/STEX/2026 11th August, 2026 National Stock Exchange of India Ltd. BSE Ltd. Exchange Plaza, Department of Corporate Service, Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Sandra (E), Mumbai - 400051 Mumbai- 400001 Scrip: RVNL Scrip: 542649 9"J'Cinil' ~ Qcf.ttij;;j 3Utl) ~ film~s ift1rat fa fa&s Q cffl il-:i! ~. aisfte «tar fGana ofe i. +fl1, sft sofas, falser sfsfaft era, er ~-~ cfilJ.-C<>lctfl, a1w +¢le, ~ (q"c t), ~.., - 400051 ~-400001 f@a4: RVNL f@34: 542649 Sub: Outcome of Board Meeting fay; ats do +I +fturA Dear Sir/Madam, fr slat/rslear, 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 11° August, 2026, has inter-alia considered and approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30 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. 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 Gandhi Minocha & Co. Chartered Accountants 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 financial results prepared in accordance with the recognition and measurement 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 (Partbg]r) embership No.: 092867 UDIN: 26092867QOEQMJ6530 Place: New Delhi Dated: August 11, 2026 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 [Showing first 8,000 characters — download PDF for full document]