TITAGARH2024-07-012024-09-30 TITAGARH2024-07-012024-09-30 TITAGARH2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member TITAGARH2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member TITAGARH2024-09-30 TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentRevenue02Member TITAGARH2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue01Member TITAGARH2024-07-012024-09-30in-bse-fin:FourReportableSegmentRevenue02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentResults02Member TITAGARH2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults01Member TITAGARH2024-07-012024-09-30in-bse-fin:FourReportableSegmentResults02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentAssets02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2024-09-30in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2024-09-30in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TITAGARH2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TITAGARH2024-07-012024-09-30in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member TITAGARH2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member TITAGARH2024-07-012024-09-30in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss03Member TITAGARH2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member TITAGARH2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member TITAGARH2024-07-012024-09-30in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss03Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532966 TITAGARH NOTLISTED TITAGARH RAIL SYSTEMS LIMITED Equity 2024-04-01 2025-03-31 2024-10-26 2024-10-22 INR Crores Half yearly 11:45:00 17:15:00 2024-10-26 2024-10-26 true Cash Flow Indirect Not applicable Multi segment 2024-07-01 2024-09-30 Unaudited Consolidated 10569500000.00 107200000.00 10676700000.00 8078300000.00 0.00 -89500000.00 197800000.00 174700000.00 76500000.00 1088800000.00 9526600000.00 1150100000.00 0.00 1150100000.00 313500000.00 -14600000.00 298900000.00 0.00 851200000.00 -2800000.00 0.00 -2800000.00 -41500000.00 806900000.00 -7700000.00 799200000.00 799200000.00 0.00 269300000.00 2 6.01 6.01 -0.02 -0.02 5.99 5.99 Notes: 1.The consolidated financial results of Titagarh Rail Systems Limited (formerly Titagarh Wagons Limited) (hereinafter referred to as the Holding Company ) include results of its subsidiary Titagarh Singapore Pte Limited (TSPL), collectively referred to as the Group , one associate namely Titagarh Firema S.p.A (TFA) and four joint ventures namely Titagarh Mermec Private Limited, Ramkrishna Titagarh Rail Wheels Limited (w.e.f June 09, 2023), Titagarh Firema Engineering Services Private Limited (w.e.f September 16, 2023) and Shivaliks Mercantile Private Limited (w.e.f February 12, 2024). 2.The reportable operating segment identified for the Group are Freight Rail Systems (which includes shipbuilding, bridges and defence) and Passenger Rail Systems 3.Discontinued operations for the reported period relates to TSPL, the voluntary winding up of which has already been initiated in the earlier years in accordance with local laws. Accordingly, the financial statements of TSPL has been prepared on liquidation basis (fair value) and the results for all the period reported has been disclosed as discontinuing operations. 4.Pursuant to the request of the Company, Indian Railways vide their letter dated September 10, 2024 has modified a contract, resulting in reduction of order quantity for which necessary accounting adjustments have been considered in these financial results. 5.The above consolidated financial results for the quarter ended September 30, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 26, 2024. Multi segment 2024-04-01 2024-09-30 Unaudited Consolidated 19600000000.00 230100000.00 19830100000.00 14973400000.00 0.00 -17000000.00 370700000.00 299900000.00 147900000.00 1960500000.00 17735400000.00 2094700000.00 0.00 2094700000.00 557700000.00 -27300000.00 530400000.00 0.00 1564300000.00 -2300000.00 0.00 -2300000.00 -85000000.00 1477000000.00 -8600000.00 1468400000.00 1468400000.00 0.00 269300000.00 2 10.98 10.98 -0.02 -0.02 10.96 10.96 Other Expenses 1088800000.00 Other Expenses 1960500000.00 0.00 6428000000.00 1557200000.00 82100000.00 0.00 922800000.00 839800000.00 0.00 2035500000.00 369900000.00 0.00 388300000.00 758200000.00 344600000.00 361200000.00 13329400000.00 5786600000.00 0.00 7347600000.00 729600000.00 4979600000.00 0.00 285700000.00 13342500000.00 0.00 3156000000.00 22285100000.00 0.00 0.00 35614500000.00 269300000.00 23274300000.00 23543600000.00 23543600000.00 311500000.00 939900000.00 1251400000.00 39200000.00 75400000.00 1131600000.00 2497600000.00 3653900000.00 2488100000.00 941300000.00 7083300000.00 1960700000.00 175200000.00 354100000.00 9573300000.00 0.00 0.00 12070900000.00 35614500000.00 Freight Rail Systems 10000300000.00 Passenger Rail Systems 569200000.00 Freight Rail Systems 18422200000.00 Passenger Rail Systems 1177800000.00 10569500000.00 19600000000.00 10569500000.00 19600000000.00 Freight Rail Systems 1264000000.00 Passenger Rail Systems 35200000.00 Freight Rail Systems 2283000000.00 Passenger Rail Systems 72400000.00 1299200000.00 2355400000.00 29600000.00 6500000.00 161000000.00 339200000.00 1108600000.00 2009700000.00 Freight Rail Systems 17507700000.00 Passenger Rail Systems 7034100000.00 24541800000.00 11072700000.00 35614500000.00 Freight Rail Systems 5374600000.00 Passenger Rail Systems 1923800000.00 7298400000.00 4772500000.00 12070900000.00 299900000.00 -584000000.00 -1991000000.00 0.00 0.00 -510500000.00 0.00 0.00 0.00 -693600000.00 0.00 0.00 -1324000000.00 147900000.00 0.00 58600000.00 0.00 0.00 0.00 -44600000.00 0.00 213700000.00 0.00 0.00 0.00 0.00 -2300000.00 791800000.00 0.00 -4065500000.00 -1970800000.00 0.00 0.00 0.00 337900000.00 0.00 -2308700000.00 0.00 0.00 0.00 0.00 0.00 514500000.00 0.00 0.00 3700000.00 714100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2148200000.00 4188400000.00 0.00 0.00 0.00 0.00 0.00 103800000.00 0.00 0.00 0.00 -3161300000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3364800000.00 62500000.00 0.00 76300000.00 107900000.00 210700000.00 0.00 0.00 2907400000.00 -2562600000.00 2400000.00 -2560200000.00 3289800000.00 729600000.00 Remeasurement gains/ (losses) on defined benefit plans -300000.00 Tax expenses on above 100000.00 Remeasurement gains/ (losses) on defined benefit plans -600000.00 Tax expenses on above 200000.00 -200000.00 -400000.00 0.00 0.00 Net Gain/ (Loss) on Foreign Currency Translation Differences 3100000.00 Fair value change of cash flow hedges -14200000.00 Tax expenses on above 3600000.00 Net Gain/ (Loss) on Foreign Currency Translation Differences 2400000.00 Fair value change of cash flow hedges -14200000.00 Tax expenses on above 3600000.00 -7500000.00 -8200000.00 0.00 0.00