Jupiter Wagons Share Price Drops 6.43% Post Union Budget 2025 Presentation

Jupiter Wagons Ltd has been in focus on Monday. On February 3, 2025, Jupiter Wagons share price opened at ₹370.00, up from its previous close of ₹377.65. At 11:18 AM, the share price of Jupiter Wagons was trading at ₹353.35, down by 6.43% on the NSE.

Railway Budget Allocation Unchanged for 2025

In the Budget documents released on Saturday, it was revealed that the allocation for the railways sector remains unchanged at ₹2.55 lakh crore for the financial year 2026. This figure mirrors the allocation for the financial year 2025.

Railways Minister Ashwini Vaishnaw further stated that the allocation for safety would increase to ₹1.16 lakh crore, and the sector is projected to handle over 1.6 billion tonnes of cargo by FY 2026. With ₹4.16 lakh crore worth of projects in the pipeline, the railway sector continues to be a focal point for growth and development.

Q3 FY25 Performance Highlights

Jupiter Wagons Ltd’s Q3 FY25 revenue from operations stood at ₹1,029.8 crore, reflecting a 15% year-on-year increase. EBITDA for the quarter was ₹148.7 crore, marking a 19.5% growth. The company’s PAT for Q3 FY25 was ₹96.4 crore, up by 18.4% year-on-year, with a healthy PAT margin of 9.2%.

9MFY25 Performance & Robust Order Book

For the nine months ending December 31, 2024, Jupiter Wagons posted a revenue of ₹2,918.7 crore, showing a 15.4% increase year-on-year. EBITDA for the period reached ₹424.8 crore, a 24.3% growth, while PAT stood at ₹277.7 crore, up by 22.7%. The company’s order book was totalling ₹6,320 crore as of December 2024.

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