TITAGARH RAIL SYSTEMS LIMITED reported a standalone net profit of Rs 150.70 crore for the financial year ended March 31, 2026, against Rs 76.97 crore in FY25. Revenue from operations for the year stood at Rs 3,143.58 crore, compared to Rs 3,747.38 crore in the previous year.
For the quarter ended March 31, 2026, Titagarh posted a standalone net profit of Rs 68.02 crore. Revenue from operations for the quarter was Rs 858.54 crore, against Rs 998.44 crore in the corresponding quarter last year. Profit before exceptional items and tax for the quarter stood at Rs 83.30 crore.
The board recommended a dividend of 50% (Re. 1) per equity share of face value Rs 2 each for FY26. The dividend is subject to shareholder approval at the annual general meeting.
The board approved a provision for the company's entire direct and indirect financial exposure in its Italian associate Titagarh Firema SpA, marking a complete exit from European operations. The amount has been charged under exceptional items in the standalone and consolidated financial statements.
Profit before exceptional items and tax for FY26 was Rs 295.22 crore, compared to Rs 424.83 crore in FY25. Exceptional items for the year totaled Rs 57.58 crore, against Rs 270.25 crore in the previous year. Profit before tax stood at Rs 237.64 crore, compared to Rs 154.63 crore in FY25.
The board meeting commenced on May 30, 2026, and concluded on May 31, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.