{"id":633095,"date":"2024-02-05T12:24:04","date_gmt":"2024-02-05T06:54:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=633095"},"modified":"2024-02-05T12:31:27","modified_gmt":"2024-02-05T07:01:27","slug":"titagarh-rail-systems-delivers-strong-third-quarter-results","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/titagarh-rail-systems-delivers-strong-third-quarter-results\/","title":{"rendered":"Titagarh Rail Systems delivers strong third-quarter results"},"content":{"rendered":"<p>Titagarh Rail Systems Limited reported strong financial performance in the third quarter of fiscal year 2023-2024, thanks to government of India&#8217;s focus on upgrading the country&#8217;s railway network.<\/p>\n<p>The company reported a 25% jump in revenue compared to a year-ago at Rs. 954.68 crores. EBIDTA, or profit from operations, jumped 52% to Rs. 110.67 crores, representing a healthy margin of 11.59%.<\/p>\n<p>Net profit zoomed 91% to Rs. 75.03 crores compared to the same quarter last year. However, the company&#8217;s shares were down 1% today. They have run up over 50% in the last six months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Titagarh Rail Systems Limited reported strong financial performance in the third quarter of fiscal year 2023-2024, thanks to government of India&#8217;s focus on upgrading the country&#8217;s railway network. The company reported a 25% jump in revenue compared to a year-ago at Rs. 954.68 crores. EBIDTA, or profit from operations, jumped 52% to Rs. 110.67 crores, representing a healthy margin of 11.59%. Net profit zoomed 91% to Rs. 75.03 crores compared to the same quarter last year. However, the company&#8217;s shares were down 1% today. They have run up over 50% in the last six months.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,267,143],"tags":[],"class_list":["post-633095","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-railways-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=633095"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/633095\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=633095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=633095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=633095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}