Titagarh Rail Systems’ share price dropped by up to 5.54% to ₹803 on February 14, 2025, following the release of its Q3 FY25 financial results. The company reported a 16% YoY decline in profit, along with a decrease in revenue and operating earnings.
The decline in Titagarh Rail’s share price was driven by its weak performance in Q3 FY25, where the company’s profit fell 16% YoY to ₹62.8 crore, down from ₹74.8 crore in Q3 FY24.
Revenue for the quarter also slipped by 5.5% YoY, dropping to ₹902.2 crore from ₹954.7 crore.
At the operating level, the company’s earnings before interest, tax, depreciation, and amortisation (EBITDA) saw a decline of 9.6%, falling to ₹100.1 crore in Q3 FY25, from ₹110.7 crore in Q3 FY24.
Consequently, the EBITDA margin contracted by 50 basis points to 11.1% in Q3 FY25, compared to 11.6% in the same period last year.
Titagarh Rail Systems Limited, formerly known as Titagarh Wagons Limited, is a Kolkata-based private-sector manufacturer of rolling stock, established in 1984. Originally starting as a rolling stock foundry, the company later expanded into the production of complete freight wagons.
Currently, Titagarh Rail specialises in the design, manufacture, and supply of various railway products, such as freight wagons, metro coaches, semi high-speed trains, and passenger coaches.
Titagarh Rail Systems Limited’s share price witnessed a decline of 5.18%, dropping to ₹806.10 on February 14, 2025, as of 10:23 AM on the NSE. The stock opened at ₹811 and reached a high of ₹828, but soon fell to a low of ₹805.15 during intraday trading.
The decline in Titagarh Rail Systems’ stock price today erased the gains made in the previous two sessions, which had seen an increase of nearly 1.5%.
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Published on: Feb 14, 2025, 11:06 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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