TITAGARH RAIL SYSTEMS LIMITED — Updates, 11-08-2025: Press Release
11-08-2025 | 09:44 pm
11-08-2025 | 09:44 pm
Titagarh Rail Systems secured significant new orders totaling over ₹2092 Cr (ex-GST), boosting its overall order book to ~₹26,000 Cr. Despite a Q1 wagon dispatch dip due to wheelset shortages, now resolved, the company expects to recover production to prior levels. A strategic ~40-acre land acquisition for ₹137 Cr will enhance metro and Vande Bharat production. Non-core shipbuilding and defence businesses are being reorganized for independent growth, sharpening focus on core railway systems. Foundry expansion is also nearing completion for internal self-sufficiency, supporting production ramp-ups across segments.
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