Titagarh Rail Systems Q3 Results: Date, Analyst Meet Time And Other Key Details

Titagarh Rail Systems Ltd. is scheduled to release its financial statements for the quarter and nine months ending Dec. 31, 2024, this week. The company manufactures trains, metros, and other railway equipment. They are also engaged in the manufacturing of electric propulsion systems and wagons.

Titagarh Rail Systems began its journey as a freight wagon manufacturer in 1997. The Kolkata-based company has a total market capitalisation valued at over Rs 11,300 crore. 

Here's everything you need to know about Titagarh Rail Systems Q3 results.

The board of directors of Titagarh Rail Systems will meet on Thursday, Feb. 13 to discuss and approve the company's financial performance in the quarter and nine months ending Dec. 31, 2024. 

"This is to inform that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 13th day of February 2025, to inter alia, consider and approve Unaudited Financial Results (Standalone & Consolidated) for the 3 rd quarter and nine months ended 31st December 2024," the company said in an exchange filing on Feb. 8. 

As per SEBI regulations, the trading window for dealing in the securities of the company shall remain suspended for designated persons and their immediate relatives till 48 hours after the announcement of the earnings. 

Titagarh Rail Systems will hold a conference call with investors and analysts on Feb. 14 to discuss the company's financial performance in Q3. 

"This is to inform that the Management of the Company will be participating in “Antique | India Capex - Rising like a phoenix, Conference” at Sofitel, BKC, Mumbai on Friday, 14th February 2025," the company said in its submission to the bourses on Feb. 7.

Titagarh Rail Systems Ltd. shares have crashed over 10% in the past five trading sessions on the NSE while falling 16.5% in the past month. Over the last six months, the stock has nosedived 42%. It has slipped nearly 11% over the past year.

Titagarh Rail Systems witnessed strong growth in Q2 with net profits climbing 20.07% year-on-year to Rs 85.12 crore in comparison to Rs 70.89 crore in the year-ago period. Net revenue increased 12.99% YoY to Rs 1,056.95 crore in Q2 from Rs 935.45 crore in the corresponding quarter of last financial year. Ebitda grew 12.45% YoY to Rs 129.41 crore from Rs 115.08 crore in Q2 of last financial year.

Ebitda margins dropped marginally to 12.24% from 12.3% in the corresponding quarter of the last financial year.