Titagarh Rail Systems consolidated net profit declines 16.11% in the December 2024 quarter
14 - Feb - 2025 12:00 | 78 days ago
Net profit of Titagarh Rail Systems declined 16.11% to Rs 62.77 crore in the quarter ended December 2024 as against Rs 74.82 crore during the previous quarter ended December 2023. Sales declined 5.50% to Rs 902.18 crore in the quarter ended December 2024 as against Rs 954.68 crore during the previous quarter ended December 2023.
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore
14 - Feb - 2025 12:00 | 78 days ago
Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year.
Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review.
On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review.
On a 9-month basis, the company’s net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
Titagarh Rail Systems receives order worth Rs 537.11 cr
12 - Feb - 2025 12:00 | 80 days ago
Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about Rs 537.11 crore.
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore
14 - Feb - 2025 12:00 | 78 days ago
Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year.
Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review.
On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review.
On a 9-month basis, the company’s net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
Titagarh Rail Systems receives order worth Rs 537.11 cr
12 - Feb - 2025 12:00 | 80 days ago
Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about Rs 537.11 crore.
Titagarh Rail Systems consolidated net profit declines 16.11% in the December 2024 quarter
14 - Feb - 2025 12:00 | 78 days ago
Net profit of Titagarh Rail Systems declined 16.11% to Rs 62.77 crore in the quarter ended December 2024 as against Rs 74.82 crore during the previous quarter ended December 2023. Sales declined 5.50% to Rs 902.18 crore in the quarter ended December 2024 as against Rs 954.68 crore during the previous quarter ended December 2023.
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore
14 - Feb - 2025 12:00 | 78 days ago
Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year.
Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review.
On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review.
On a 9-month basis, the company’s net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
Titagarh Rail Systems receives order worth Rs 537.11 cr
12 - Feb - 2025 12:00 | 80 days ago
Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about Rs 537.11 crore.
Titagarh Rail Systems consolidated net profit declines 16.11% in the December 2024 quarter
14 - Feb - 2025 12:00 | 78 days ago
Net profit of Titagarh Rail Systems declined 16.11% to Rs 62.77 crore in the quarter ended December 2024 as against Rs 74.82 crore during the previous quarter ended December 2023. Sales declined 5.50% to Rs 902.18 crore in the quarter ended December 2024 as against Rs 954.68 crore during the previous quarter ended December 2023.
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore
14 - Feb - 2025 12:00 | 78 days ago
Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year.
Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review.
On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review.
On a 9-month basis, the company’s net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
Titagarh Rail Systems receives order worth Rs 537.11 cr
12 - Feb - 2025 12:00 | 80 days ago
Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about Rs 537.11 crore.
Titagarh Rail slips as Q3 PAT declines 8% YoY to Rs 69 crore
14 - Feb - 2025 12:00 | 78 days ago
Profit before tax for the quarter stood at Rs 95.10 crore, down by 5% from Rs 95.10 crore in the same quarter last year.
Total expense declined 5% year on year to Rs 95.10 crore during the quarter. The cost of materials consumed was at Rs 697.99 crore (down 5.51% YoY), while employee benefits expenses stood at Rs 21.80 crore (up 44.66% YoY) during the period under review.
On the segmental front, revenue from the passenger rail system was at Rs 49.39 crore (down 51.06% YoY), while the freight rail system stood at Rs 852.79 crore (down 0.11% YoY) during the period under review.
On a 9-month basis, the company’s net profit increased 5.56% to Rs 225.37 crore on 2.19% rises in revenue from operations to Rs 2,862.18 crore in 9M FY24 over 9M FY23.
Titagarh Rail Systems (formerly known as Titagarh Wagons) is the largest private sector manufacturer of wagons and an established player in passenger coaches.
Titagarh Rail Systems receives order worth Rs 537.11 cr
12 - Feb - 2025 12:00 | 80 days ago
Titagarh Rail Systems announced that the Company has received Letter of Acceptance (LOA) from Ambuja Cements and ACC, which are group companies of Adani Cement, for “Manufacture and Supply of 16 nos. of BCFCM Rakes Wagon with BVCM Wagon”. The order value is about Rs 537.11 crore.