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Titagarh Rail Q4: Profit Rises, Revenue Falls; Dividend Declared

Created at 31 May · 2:22 PM1 source↑ Market-relevant
IN SHORT

Titagarh Rail reported a swing to profit in the fourth quarter, despite a 13% year-on-year dip in revenue from operations to Rs 875 crore. The company also declared a dividend.

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Key Numbers

Rs 875 croreQ4 revenue from operations
13%Year-on-year revenue decline

Who's Involved

Titagarh Rail
Railway wagon manufacturer reporting Q4 results

↳ Why This Matters

Titagarh Rail Systems Limited is a prominent Indian company specializing in the manufacturing of railway wagons, coaches, and metro trains. Its financial performance is closely watched by investors in the Indian equities market, particularly given the government's focus on infrastructure development and modernization of the railway network.

Key facts

  • Titagarh Rail swung into profit in Q4.
  • Revenue from operations declined 13% year-on-year to Rs 875 crore.
  • The company declared a dividend.

Titagarh Rail Systems Limited is a prominent Indian company specializing in the manufacturing of railway wagons, coaches, and metro trains. Its financial performance is closely watched by investors in the Indian equities market, particularly given the government's focus on infrastructure development and modernization of the railway network.

Frequently asked questions

Titagarh Rail's revenue from operations declined 13% year-on-year to Rs 875 crore in the fourth quarter.

Yes, the company declared a dividend for the fourth quarter.

The company swung into profit in the fourth quarter, despite a dip in revenue.

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How It Developed

31 May · 1:37 PM
Titagarh Rail reported a profit in Q4, despite a 13% year-on-year dip in revenue to Rs 875 crore.
NDTV via PiQSuite

Sources

T1
Titagarh Rail Q4: Company Swings Into Profit Even As Revenue Dips 13%; Dividend Declaredm.piqsuite.com

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