TRSL reports YoY standalone revenue growth of 25%

06 Feb 2024 CW Team

Titagarh Rail Systems (TRSL), the prominent Indian rolling stock manufacturer, announced its unaudited results for the third quarter ending on December 31, 2023 on February 2, 2024.

The company's standalone net revenues for Q3FY24 stood at Rs 954.68 crore with a growth of 24.57%, while EBIDTA margin stood at 11.59% with Rs 110.67 crore, an increase of 52.30 % YoY. Net profit stood at Rs 75.03 crore, an increase of 91% over Q3FY23.

At the end of December 2023, TRSL reached a significant milestone in India's rolling stock industry by achieving highest-ever monthly production of wagons by any player. The Company's state-of-the-art manufacturing plant in Titagarh, West Bengal and Bharatpur, Rajasthan successfully rolled out 1021 wagons, marking a historic achievement for the Company cementing TRSL?s position as a leader in the field of railway wagon manufacturing.

Commenting on the results, Umesh Chowdhary, Vice Chairman and Managing Director, Titagarh Rail Systems, said, ?The company's robust performance in Q3 FY24 is a reflection of our sustained operational momentum. On a YOY basis, the freight rolling stocks and passenger rolling stocks, both have recorded substantial growth. The Government's unwavering emphasis on the building of world-class rail infrastructure in India makes us enthusiastic about higher and sustained growth in the upcoming quarters.

Moreover, the company's order book is valued at Rs. 27,466 crores and exhibits good diversification among both the business segments freight rolling stock and passenger.

Real Estate

08 Oct 2025

Bennet & Bernard Unveil Dutch-Inspired ‘Casa El Toledo’ in Goa

Bennet & Bernard Group, Goa’s leading luxury real estate developer, has launched its newest project, Casa El Toledo, in Assagao. The enclave features 18 ultra-luxury 4 BHK Dutch-style villas blending European charm with tropical elegance. Each villa includes a private pool, double-height ceilings, open courtyards, alfresco dining areas, and English-inspired landscaping. The interiors are curated by noted Dutch designer Kelly Marie. Reflecting the grandeur of the Dutch Golden Age, Casa El Toledo harmonises heritage aesthetics with modern sensibilities. Expansive interiors flow..

Godrej Delivers Heaviest Ecolaire Surface Condenser to US Project

Godrej Enterprises Group’s Process Equipment business has manufactured and delivered its heaviest Ecolaire® Surface Condenser to date, weighing nearly 450 metric tonnes, for a power-generation project in the United States. The project, powered by natural gas and partly designed for hydrogen compatibility, marks another step in advancing clean energy systems. Produced at the company’s GreenCo-certified Dahej facility in Gujarat, the equipment demonstrates India’s growing engineering capabilities and reinforces Godrej’s ‘Make in India for the World’ vision. Hussain S..

India, Brazil Discuss Energy Ties And Oil Investments

Union Minister for Petroleum and Natural Gas Hardeep Singh Puri held discussions with Celso Luis Nunes Amorim, Special Advisor to the President of Brazil, and senior Brazilian officials to strengthen bilateral cooperation in the oil, gas, and energy transition sectors. The talks took place during a dinner hosted by Kenneth H da Nobrega, Ambassador of Brazil to India, at his residence in New Delhi.Mr Puri said the meeting focused on Indian investments in Brazil’s oil and gas sector, as well as expanding collaboration in energy transition and biofuels. “The enriching conversation revolved ar..