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Informist, Wednesday, Aug. 12, 2026

 

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--Titagarh Rail Q1 consol PAT INR 525.8 mln vs loss INR 231.0 mln year ago

--Titagarh Rail Apr-Jun consol revenue INR 7.65 bln vs INR 6.79 bln yr ago 

--Titagarh Rail Q1 consol freight systems sales INR 5.05 bln vs INR 5.97 bln                            
--Titagarh Rail Q1 consol passenger system sales INR 2.3 bln vs INR 774.3 mln                            

 

By Khushi Singh

 

MUMBAI – Titagarh Rail Systems Ltd. Wednesday reported a net profit for the June quarter, a turnaround from a loss in the year-ago quarter. The net profit came on the back of strong growth in the company's revenue from operations.

 

The rolling stock manufacturer reported a consolidated net profit of INR 525.80 million for the June quarter, compared to a loss of INR 231 million a year ago. Sequentially, the net profit fell nearly 3% from INR 540 million. Revenue from operations increased 13% on year to INR 7.65 billion from INR 6.79 billion. Sequentially, it fell 13% from INR 8.75 billion.

 

Total expenses rose 10% on year to INR 7 billion. The cost of raw materials and components consumed rose 14% to INR 5.72 billion and depreciation and amortisation expense jumped 26% to INR 150 million. Other expenses fell 18% to INR 790 million.

 

The passenger rail systems segment was the largest contributor to Titagarh's revenues in the June quarter, with sales up nearly threefold on year at INR 2.29 billion. Revenues from the shipbuilding and maritime systems segment rose five times on year to INR 300 million. However, the company's all-time largest contributor, freight rail systems, was down over 15% at INR 5.05 billion from INR 5.97 billion a year ago.

 

Titagarh Rail Systems announced its June quarter earnings after market hours. Its shares ended at INR 833.55 apiece on the National Stock Exchange, down 1.3% from Tuesday.  End

 

Edited by Shubhayan Bhattacharya

 

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