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 Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..