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Titagarh Rail Systems Ltd Q2FY24; 58% 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 Q2FY24 of ₹935.00 Crores up from ₹607.00 Crore year on year, a rise of 54.04%.

Total Expenses for Q2FY24 of ₹848.00 Crores up from ₹579.00 Crores year on year, a rise of 46.46%.

Consolidated Net Profit of ₹71.00 Crores up 57.78% from ₹45.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.55, up 37.72% from ₹4.03 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.

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