Transrail Lighting shares surged over 8% on Tuesday after the company reported strong financial performance for the third quarter, driven by robust revenue growth and steady profitability.
Transrail Lighting delivered an impressive Q3 performance, with revenue rising 32.59% year-on-year to ₹1,777.19 crore, compared with ₹1,340.36 crore in the corresponding quarter last year.
Operating performance also remained firm during the quarter. EBITDA increased 28.6% to ₹208.49 crore from ₹162.12 crore a year ago, highlighting effective cost management despite a challenging operating environment. However, EBITDA margin saw a marginal contraction of 36 basis points, coming in at 11.73% versus 12.09% in Q3 of the previous year. The slight pressure on margins was largely due to higher input and execution-related costs.
Net profit for the quarter rose 17.69% year-on-year to ₹109.74 crore, compared with ₹93.24 crore in the same period last year.
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