Jupiter Wagons Limited (JWL) announced its financial results for the third quarter and nine months ended December 31, 2024.
On January 30, 2025, JWL share price opened at ₹380.00, up from its previous close of ₹363.00. At 10:04 AM, the share price of Jupiter Wagons was trading at ₹405.65, up by 11.75% on the NSE.
For Q3 FY25, Jupiter Wagons achieved revenue from operations of ₹1,029.8 crore, marking a 15% year-on-year (YoY) increase.
The company’s EBITDA for the quarter stood at ₹148.7 crore, reflecting a growth of 19.5% YoY. The EBITDA margin also saw an improvement, reaching 14.4% in Q3 FY25, compared to 13.9% in the same period last year.
Profit After Tax (PAT) for Q3 FY25 amounted to ₹96.4 crore, a 18.4% YoY increase, with a PAT margin of 9.2%.
For the nine months ending December 31, 2024, Jupiter Wagons delivered a revenue from operations of ₹2,918.7 crore, up by 15.4% YoY. The company’s EBITDA for 9MFY25 stood at ₹424.8 crore, marking a robust growth of 24.3% YoY. EBITDA margin improved to 14.5% in 9MFY25, compared to 13.5% in the same period of FY24. The PAT for the nine-month period reached ₹277.7 crore, a significant increase of 22.7% YoY, with a PAT margin of 9.4%.
As of December 31, 2024, Jupiter Wagons’ order book stood at ₹6,320 crore.
Commenting on the performance, the Managing Director of Jupiter Wagons Ltd, Mr Vivek Lohia, said, “The outlook remains bright as there are expectations that the 2025-26 Budget, could witness a substantial increase in allocation towards Railways, which will ensure that key commitments towards modernising Railways will make progress and more importantly, the augmentation of capacity and development of infrastructure, which is the need of the hour, will continue unabated resulting in sustained demand for wagon and non-wagon railway products.”
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Published on: Jan 30, 2025, 10:13 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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