Audited Results of Titagarh Rail Systems Ltd. Company

(Rs in Cr.)	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Income	3,143.58	3,865.82	3,853.30	2,780.53	1,474.79
Manufacturing Expenses	0	59.54	50.46	43.70	33.26
Personnel Expenses	101.84	85.89	66.29	56.53	44.67
Selling Expenses	0	3.30	1.60	1.70	0.70
Administrative Expenses	382.77	231.78	186.40	177.06	122.08
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	2,774.94	3,426.87	3,401.37	2,516.22	1,315.99
Operating Profit	368.64	438.95	451.93	264.31	158.80
Other Recurring Income	47.17	75.25	45.67	43.98	22.88
Adjusted PBDIT	415.81	514.20	497.60	308.30	181.68
Financial Expenses	70.37	73.14	73.45	80.75	55.82
Depreciation	50.22	29.50	27.10	22.50	18.38
Other Write offs	0	0	0	0	0
Adjusted PBT	295.22	411.56	397.05	205.05	107.48
Tax Charges	73.73	108.13	100.14	55.41	28.07
Adjusted PAT	221.49	303.43	296.91	149.64	79.41
Non Recurring Items	-70.79	-1.47	-0.09	-46.29	0.15
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	150.70	303.43	296.91	103.37	79.41
Equity Dividend	0	10.77	6.36	0	0
Preference Dividend	0	0	0	0	0
Retained Earnings	150.70	999.25	708.08	417.62	390.22

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