Titagarh Rail Systems reported a sharp decline in earnings for the quarter ended June 30, 2025, with consolidated net profit dropping 53.8% year-on-year (YoY) to Rs 30.94 crore, compared to Rs 67.01 crore in the same quarter last year. On a sequential basis, profit also fell from Rs 64.65 crore in Q4 FY25.
Revenue from operations stood at Rs 679.30 crore, down 24.8% YoY from Rs 903.05 crore in Q1 FY25 and 32.4% lower than Rs 1,005.57 crore in Q4 FY25. Total income for the quarter came in at Rs 690.95 crore, compared to Rs 915.34 crore in the year-ago quarter and Rs 1,035.43 crore in the previous quarter.
Total expenses declined to Rs 633.96 crore in Q1 FY26 from Rs 820.88 crore in the corresponding quarter last year and Rs 934.34 crore in Q4 FY25. Cost of raw materials and components consumed stood at Rs 500.33 crore, while employee benefits expense was Rs 26.32 crore. Finance costs were Rs 17.84 crore, and depreciation and amortisation expense was Rs 11.92 crore.
Profit before tax from continuing operations fell to Rs 45.96 crore from Rs 90.11 crore in Q1 FY25 and Rs 92.25 crore in Q4 FY25. The company’s total tax expense came in at Rs 14.27 crore, compared to Rs 24.42 crore in the year-ago quarter.
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