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.

Infrastructure Transport

19 Dec 2025

Tripura Rail Survey Approved For Jirania–Bodhjung Link

The Ministry of Railways has approved a Final Location Survey (FLS) for a proposed new railway line between Jirania and Bodhjung Nagar in Tripura. The planned section will span 14 km and is estimated to cost around Rs 4.2 million, with the entire alignment located within West Tripura district. The approval marks a key step towards strengthening railway infrastructure and supporting industrial growth in the state. Bodhjung Nagar is Tripura’s principal industrial and commercial hub, developed mainly for resource-based industries such as rubber, bamboo and food processing. The proposed Jirania..

MCF Raebareli Rolls Out Its 15,000th Passenger Coach

The Modern Coach Factory (MCF) in Raebareli, Uttar Pradesh, has reached a major production milestone with the manufacture of its 15,000th passenger coach on December 15, the Ministry of Railways said. During the current financial year 2025–26, the unit has produced a total of 1,310 coaches so far. Established in 2007 at Lalganj in Raebareli, MCF is among India’s most advanced passenger coach manufacturing facilities. Built at a cost of around Rs 31.92 billion, the factory has an installed annual capacity of 1,000 coaches and is located about 3 km from Lalganj on the Kanpur–Raebareli Roa..

RVNL Wins Gandak River Rail Bridge Contract

Rail Vikas Nigam Limited (RVNL) has received a Letter of Award from North Eastern Railway for a major railway infrastructure project valued at Rs 1.65 billion. The contract relates to the construction of the substructure for a key railway bridge over the Gandak River. The bridge will be constructed between Paniyahwa and Valmikinagar stations as part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section. Designed to enhance capacity and operational efficiency, the structure will comprise 14 spans of 61 metres each and will be supported by double D-type well foundations. The des..