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Titagarh Rail Systems additional order for 4,955 wagons; contract value rises to Rs 10,404 crore

29-Oct-2026 | 10:33
Titagarh Rail Systems received an additional order from the Ministry of Railways for 4,955 BOXNHL wagons, increasing the total quantity to 9,994 wagons under the same terms and conditions.

The total amended contract value stands at Rs 10,404.10 crore. The order is to be executed within 222 days from the date of issue of the amendment, with delivery scheduled up to 7 June 2027. The order has been awarded by a domestic entity and does not involve any interest of the promoter, promoter group or group companies. The contract does not fall under related party transactions.

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.

The company's consolidated net profit tanked 23.48% to Rs 48.03 crore in Q3 FY26 as against Rs 62.77 crore posted in Q3 FY25. Revenue from operations decreased 7.8% year-on-year (YoY) to Rs 832.06 crore in the quarter ended 31 December 2025.

Shares of Titagarh Rail Systems fell 2.01% to Rs 678.45 on the BSE.

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