TITAGARH RAIL SYSTEMS LIMITED — Board Meeting, 30-05-2025: Outcome of Board Meeting
30-05-2025 | 11:52 pm
30-05-2025 | 11:52 pm
Titagarh Rail Systems has announced a board meeting approving the financial results for the quarter and half-year, posting consolidated revenue of Rs 3,867.75 Cr and net profit of Rs 274.92 Cr for FY25. The company proposed a 50% dividend (Re 1 per share) for shareholder approval. Freight Rail Systems remained steady with Rs 3,610 Cr in revenue, while Passenger Rail Systems improved to Rs 257.5 Cr. The board also approved 1,15,000 stock options at Rs 860 under the ESOP scheme. Its Italian associate, Titagarh Firema SpA, is undergoing restructuring due to customer disputes, with the impact yet unclear.
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