Audited Results of Titagarh Rail Systems Ltd. Company

(Rs in Cr.)	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Operating Income	3,865.82	3,853.30	2,780.53	1,474.79	1,025.79
Manufacturing Expenses	59.54	50.46	43.70	33.26	26.48
Personnel Expenses	85.89	66.29	56.53	44.67	28.48
Selling Expenses	3.30	1.60	1.70	0.70	0.34
Administrative Expenses	231.78	186.40	177.06	122.08	90.06
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	3,426.87	3,401.37	2,516.22	1,315.99	906.50
Operating Profit	438.95	451.93	264.31	158.80	119.28
Other Recurring Income	75.25	45.67	43.98	22.88	11.37
Adjusted PBDIT	514.20	497.60	308.30	181.68	130.65
Financial Expenses	73.14	73.45	80.75	55.82	54.79
Depreciation	29.50	27.10	22.50	18.38	15.73
Other Write offs	0	0	0	0	0
Adjusted PBT	411.56	397.05	205.05	107.48	60.14
Tax Charges	108.13	100.14	55.41	28.07	14.21
Adjusted PAT	303.43	296.91	149.64	79.41	45.93
Non Recurring Items	-1.47	-0.09	-46.29	0.15	4.66
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	303.43	296.91	103.37	79.41	50.28
Equity Dividend	10.77	6.36	0	0	0
Preference Dividend	0	0	0	0	0
Retained Earnings	999.25	708.08	417.62	390.22	310.18

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