Profit before tax (PBT) increased 30.73% YoY to Rs 82.01 crore in Q2 FY27.

Total expenses fell 3.88% YoY to Rs 717.10 crore in Q2 FY27. Cost of raw material and component consumption stood at Rs 577.22 crore, registering a 2.09% increase over the year-ago period. Employee benefit expenses rose 18.32% YoY to Rs 30.22 crore, whereas finance costs declined 12.87% YoY to Rs 15.91 crore.

For the six months ended September 2026, consolidated net profit surged nearly five-fold to Rs 115.75 crore from Rs 23.86 crore in the corresponding period last year. Revenue from operations grew 5.36% YoY to Rs 1,557.63 crore in H1 FY27.

Titagarh Rail Systems is mainly engaged in the manufacturing and selling of freight waggons, passenger coaches, metro trains, train electricals, steel castings, specialised equipment & bridges, ships. The company caters to both domestic and export markets.