Titagarh Rail Systems Q3 PAT climbs 91% YoY to Rs 75 cr
Mumbai, Feb. 5 -- Revenue from operations jumped 24.6% to Rs 954.68 crore in Q3 FY24 from Rs 766.40 crore recorded in the corresponding quarter previous year.
Profit before tax climbed 83.2% to Rs 100.11 crore in the December quarter as compared with Rs 54.65 crore recorded in the corresponding quarter last year.
In Q3 FY24, EBITDA jumped 52.30% to Rs 110.67 crore as compared with Rs 72.66 crore recorded in corresponding quarter last year. EBITDA margin was 11.59% in Q3 FY24 as against 9.48% in Q3 FY23.
The firm's revenue from freight rail system was at 853.76 crore (up 39.61% YoY) while passenger rail system stood at Rs 100.91 crore (down 34.83% YoY) during the period under review.
The company's manufacturing plant in Titagarh, West ...
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