The Board of Titagarh Rail Systems at its meeting held on 03 February 2025 has approved the addition of following new business verticals namely:a. �Shipbuilding and Maritime Systems� wherein the Company will undertake marine business including shipbuilding, ship repair and other maritime business activities. b. �Signalling and Safety Systems� wherein the Company will subject to compliances, if any applicable undertake activities relating to railway signalling and safety including but not limited to train control & condition monitoring, vehicular & train mounted solutions etc. This segment focuses on railway operations, particularly in ensuring safety and efficiency and will involve development and installation of products that enables smooth and secure train operations.Powered by Capital Market - Live News

The Board of Titagarh Rail Systems at its meeting held on 03 February 2025 has approved the following:The designation of Anil Kumar Agarwal, Deputy Managing Director and CEO of Freight Rail Systems vertical of the Company, has been changed to Deputy Managing Director (DMD) of the Company w.e.f. 3 February, 2025. In this expanded role, Agarwal will now oversee the performance of both the Freight Rail Systems (FRS) and Passenger Rail Systems (PRS) verticals, under the overall supervision and guidance of the Vice Chairman and Managing Director, as well as the Board of Directors.This strategic enhancement of Agarwal`s responsibilities will further strengthen the Company`s operations and drive continued success in both the verticals.The common corporate functions of the Company will be jointly looked after by Anil Kumar Agarwal and Prithish Chowdhary, two Deputy Managing Directors of the Company.Saket Kandoi, Director (Freight Rolling Stock) of the Company, has been given the responsibility of the Maritime business of the Company, designated as Director & CEO (Maritime) w.e.f. 3 February 2025 and additionally he will also be acting as ad interim CEO of FRS vertical.Powered by Capital Market - Live News

Net profit of Titagarh Rail Systems rose 14.31% to Rs 80.69 crore in the quarter ended September 2024 as against Rs 70.59 crore during the previous quarter ended September 2023. Sales rose 12.99% to Rs 1056.95 crore in the quarter ended September 2024 as against Rs 935.45 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1056.95935.45 13 OPM %11.8512.25 - PBDT118.51101.08 17 PBT110.8694.40 17 NP80.6970.59 14 Powered by Capital Market - Live News

Titagarh Rail Systems will hold a meeting of the Board of Directors of the Company on 26 October 2024.Powered by Capital Market - Live News

Titagarh Rail Systems announced that the 27th Annual General Meeting (AGM) of the company will be held on 27 August 2024.Powered by Capital Market - Live News