Titagarh Rail Systems Ltd Q1FY24; 196% rise in Profits

Titagarh Wagons Limited, incorporated in 1997, is mainly engaged in the manufacturing and selling of Freight Wagons, Passenger Coaches, Metro Trains, Train Electricals, Steel Castings, Specialised Equipments & Bridges, Ships, etc. The company caters to both domestic and export markets.

Financial Results:

Titagarh Rail Systems Ltd reported Revenues for Q1FY24 of ₹911.00 Crores up from ₹434.00 Crore year on year, a rise of 109.91%.

Total Expenses for Q1FY24 of ₹831.00 Crores up from ₹414.00 Crores year on year, a rise of 100.72%.

Consolidated Net Profit of ₹68.00 Crores up 195.65% from ₹23.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.65, up 192.75% from ₹1.93 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.