Titagarh Rail reports consol PAT in Q4 against loss yr ago, sales fall on yr
This story was originally published at 10:18 IST on 1 June 2026
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MUMBAI – Titagarh Rail Systems Ltd.'s consolidated net profit for the March quarter rose on year when adjusted for the company's one-time cost for the same period a year ago. The company's consolidated revenue from operations fell on year during the reporting quarter.
The company's net profit for the quarter ended March was INR 539.6 million compared with a net loss of INR 1.22 billion a year ago. However, when adjusted for the one-time loss of INR 1.58 billion a year earlier, the company's profit rose nearly 54%. Titagarh Rail's revenue fell 13% on year to INR 8.75 billion during the quarter under review. Sales from its primary freight rail systems business declined almost 25% on year to INR 6.85 billion even as those from its passenger rail systems division jumped 92% to INR 1.73 billion.
The rail wagon manufacturer's total expenses fell more than 13% on year to INR 8.09 billion. The cost of raw materials, which comprised around 79% of expenses in the March quarter, fell almost 17% on year to INR 6.40 billion from INR 7.70 billion.
For 2025–26 (Apr-Mar), the company's consolidated net profit was INR 1.23 billion on revenues of INR 31.86 billion. In FY26, the company's net profit rose close to 40% on year while its total revenue decreased almost 18%. At 1010 IST, shares of Titagarh Rail traded over 2.0% lower at INR 808.10 on the National Stock Exchange. End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Ruchira Kagita
Edited by Akul Nishant Akhoury
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