Titagarh Rail Shares in Focus; Delivers India’s First Driverless Trainset to Bengaluru Metro

Titagarh Rail Systems delivered the first driverless, made-in-India trainset to Bengaluru Metro’s Yellow Line, showcasing India’s growing role in global rail manufacturing and advancing urban mobility. Titagarh Rail Systems share price traded 2.04% higher at ₹1,110.15 at 10:01 AM on the NSE.

Project Details

Titagarh Rail Systems Ltd., a leading Indian rolling stock manufacturer, has officially handed over its first driverless Made-in-India trainset to Bengaluru Metro Rail Corporation’s (BMRCL) Yellow Line, the company said in a press release on the stock exchange.

The stainless steel, automated trainset is set to run on the crucial 18-km stretch, connecting Electronics City to the rest of Bengaluru, reinforcing the city’s urban mobility infrastructure.

Q2 FY25 Financial Highlights

In Q2 FY25, Titagarh Rail Systems reported a strong performance, with a 20.07% year-on-year increase in net profit, which surged to ₹85.12 crore, compared to ₹70.89 crore in Q2 FY24.

The company’s revenue from operations also saw significant growth, rising by 12.98% to ₹1,056.95 crore, up from ₹935.45 crore during the same period last year. Additionally, profit before tax for the quarter reached ₹115.01 crore, marking a 21.21% increase from ₹94.88 crore in Q2 FY24.

The company’s EBITDA stood at ₹129.41 crore, reflecting a 12.45% rise compared to the previous year. Despite a dip in revenue from the passenger rail system, which decreased by 57.70% to ₹56.92 crore, the freight rail segment saw robust growth, with a 24.86% increase in revenue to ₹1,000.03 crore.

About Titagarh Rail Systems

Titagarh Rail Systems Ltd. (formerly Titagarh Wagons Limited) is a leading Indian manufacturer of rail transport solutions, specialising in both passenger and freight systems. With a strong presence in India and Italy, the company produces a wide range of products, including metro trains, semi-high-speed trains, wagons, and electric propulsion equipment. With over 46,700 wagons and 460 coaches delivered, the company emphasises sustainability, quality, and reliability in its operations.

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