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Titagarh Rail Systems Ltd Q3FY24; 127% rise in Profits

Titagarh Rail Systems Ltd (Formerly 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 Q3FY24 of ₹955.00 Crores up from ₹766.00 Crore year on year, a rise of 24.67%.

Total Expenses for Q3FY24 of ₹869.00 Crores up from ₹729.00 Crores year on year, a rise of 19.2%.

Consolidated Net Profit of ₹75.00 Crores up 127.27% from ₹33.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.56, up 104.41% from ₹2.72 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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