Income from operations was Rs 1,057 crore in Q2FY25, compared to Rs 1,057 crore in Q2FY24. 935 crore is 13% more than Rs. On a quarter-by-quarter basis it was Q1FY25 at Rs. 903.05 crore was up 17% against Rs.
The total expenditure by the company during the reported quarter was Rs. 953 crore by it in Q1FY25 to Rs. 821 crore and in the year-ago period Rs. 847 crores.
Segment-wise, the freight rail system’s revenue stood at Rs. 1,000 crore, which was 842 crore and 801 crore recorded by Titagarh Rail in Q1FY25 and Q2FY24 respectively. The revenue of passenger rail system is Rs. 57 crore which in Q1FY25 was Rs. 61 crore and in Q2FY24 Rs. 135 crores.
The company announced its July-September quarter earnings on Saturday and Titagarh Rail shares traded on the NSE at Rs. 1,143, up from Thursday’s closing price of Rs. 23.30 or fell by 2%.
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Titagarh is a mobility solution provider with a strong presence in India and Italy. It has factories in both countries to meet the diverse needs of passenger and freight rail systems. The Kolkata-headquartered company specializes in manufacturing state-of-the-art transportation solutions including a wide range of semi-high-speed trains, urban metros, passenger coaches, propulsion equipment and specialized wagons.
Also Read: Yes Bank Q2 Results: Net Profit Up 145% To Rs 553 Crore, NII Up 14%
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