TITAGARH RAIL SYSTEMS LIMITED — Important, 26-10-2024: Financial Result Updates

Titagarh Rail Systems Limited has approved its standalone and consolidated unaudited financial results for the quarter and half-year ending September 30, 2024. Revenue from operations increased to ₹1,056.95 crore from ₹903.05 crore in the previous quarter. The standalone profit before tax stands at ₹115.01 crore. The company also reported a decrease in profit attributable to joint ventures and associates. The results reflect a strong performance, despite accounting adjustments related to contract modifications with Indian Railways.