RVNL's net profit fell 6.2% in Q3FY24, with a decline of 6.4% in revenue from operations. However, income from other operations rose 16.6%, cushioning the fall in bottom line. Sequentially, net profit fell 9.1% while revenue decreased 4.6%. Analysts had raised concerns over falling topline. Recently, RVNL was conferred Navratna status, granting more authority and operational freedom.