Transrail Lighting's stock rose by 3.15 per cent to Rs 518.40 following the announcement of new orders worth Rs 16.47 billion in the transmission & distribution (T&D) and railway sectors.

The recently secured contracts include letters of award (LOAs) for significant T&D projects in international markets, covering engineering, procurement, and construction (EPC) of transmission lines and substations. These new orders reinforce the company’s standing in the sector while highlighting its growing global presence.

With year-to-date (YTD) order inflows reaching approximately Rs 92 billion, Transrail Lighting continues to strengthen its project portfolio, maintaining a strategy that prioritises profitable growth. The company has achieved a balanced mix of domestic and international project acquisitions, aligning with its goal of expanding overseas while reinforcing its footprint in India. Emphasis remains on efficient execution and capitalizing on emerging opportunities to sustain business momentum.

As a leading EPC player, Transrail Lighting operates in the T&D sector along with Civil, Railways, and Poles & Lighting, extending its reach to 58 countries worldwide. The company’s financial performance has shown significant growth, with a consolidated net profit surging 91.9 per cent to Rs 930.24 million in Q3 FY25 compared to Rs 480.59 million in Q3 FY24. Revenue from operations also recorded a substantial increase, rising 62.9 per cent year-on-year to Rs 13.40 billion for the quarter ended December 31, 2024.

This strong financial performance, coupled with continued order wins, positions Transrail Lighting for sustained expansion in both domestic and international markets.

News source: BUSINESS STANDARD