TITAGARH2024-10-012024-12-31 TITAGARH2024-10-012024-12-31 TITAGARH2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member TITAGARH2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member TITAGARH2024-12-31 TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentRevenue02Member TITAGARH2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue01Member TITAGARH2024-10-012024-12-31in-bse-fin:FourReportableSegmentRevenue02Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentResults02Member TITAGARH2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults01Member TITAGARH2024-10-012024-12-31in-bse-fin:FourReportableSegmentResults02Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentAssets02Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2024-12-31in-bse-fin:OneReportableSegmentLiabilities01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2024-12-31in-bse-fin:OneReportableSegmentLiabilities02Member TITAGARH2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TITAGARH2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member TITAGARH2024-10-012024-12-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss02Member TITAGARH2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member TITAGARH2024-10-012024-12-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss02Member TITAGARH2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member TITAGARH2024-10-012024-12-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 532966 TITAGARH NOTLISTED TITAGARH RAIL SYSTEMS LIMITED Equity 2024-04-01 2025-03-31 2025-02-13 2025-02-08 INR Crores Third quarter 16:30:00 19:00:00 2025-02-13 2025-02-13 Not applicable Multi segment 2024-10-01 2024-12-31 Unaudited Standalone 9021800000.00 224800000.00 9246600000.00 6979900000.00 0.00 -106100000.00 218000000.00 211000000.00 63600000.00 929200000.00 8295600000.00 951000000.00 0.00 951000000.00 237500000.00 24100000.00 261600000.00 0.00 689400000.00 0.00 0.00 0.00 0.00 689400000.00 15100000.00 704500000.00 0.00 0.00 269300000.00 2 5.12 5.12 0.00 0.00 5.12 5.12 Notes: 1. The reportable operating segment identified for the Company are Freight Rail Systems (which includes shipbuilding, bridges and defence) and Passenger Rail Systems 2. The sale of wagons to Indian Railways was impacted in the current quarter due to inadequate supply of wheelsets from the Rail wheel factory due to which the customer (Indian Railways) has extended the delivery period. 3. The Nomination and Remuneration Committee granted 5,00,000 options to eligible employees under the TRSL ESOP Scheme 2023 at its meeting held on 3rd February 2025, at an exercise price of Rs. 860 per option. The options will vest over five years i.e. 10%, 15%, 20%, 25%, and 30% each year. Each option, when exercised, will entitle the employee to one fully paid equity share of Rs. 2/-. 4. Subsequent to the quarter, the Company has subscribed to the rights issue of equity shares by Titagarh Firema Engineering Services Private Limited (TFESPL), a Joint Venture amounting to Rs 2 crores and has also approved amendments to the Joint Venture Agreement (JVA). Upon allotment and execution of amendments to JVA, TFESPL will become a subsidiary of the Company. 5. The above standalone financial results for the quarter ended December 31, 2024 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 13, 2025. Multi segment 2024-04-01 2024-12-31 Unaudited Standalone 28621800000.00 454900000.00 29076700000.00 21953300000.00 0.00 -123100000.00 588700000.00 510900000.00 211500000.00 2889700000.00 26031000000.00 3045700000.00 0.00 3045700000.00 795200000.00 -3200000.00 792000000.00 0.00 2253700000.00 0.00 0.00 0.00 0.00 2253700000.00 4100000.00 2257800000.00 0.00 0.00 269300000.00 2 16.73 16.73 0.00 0.00 16.73 16.73 Other Expenses 929200000.00 Other Expenses 2889700000.00 Freight Rail Systems 8527900000.00 Passenger Rail Systemst 493900000.00 Freight Rail Systems 26950100000.00 Passenger Rail Systemst 1671700000.00 9021800000.00 28621800000.00 9021800000.00 28621800000.00 Freight Rail Systems 1017900000.00 Passenger Rail Systemst 46600000.00 Freight Rail Systems 3300900000.00 Passenger Rail Systemst 119000000.00 1064500000.00 3419900000.00 -2300000.00 4200000.00 115800000.00 370000000.00 951000000.00 3045700000.00 Freight Rail Systems 18234200000.00 Passenger Rail Systemst 7827700000.00 26061900000.00 11984600000.00 38046500000.00 Freight Rail Systems 5322200000.00 Passenger Rail Systemst 2356400000.00 7678600000.00 5935900000.00 13614500000.00 Remeasurement (gains) / loss on defined benefit plans -300000.00 Income tax on above 0.00 Remeasurement (gains) / loss on defined benefit plans -900000.00 Income tax on above 200000.00 -300000.00 -700000.00 0.00 0.00 Fair Value change in Cash Flow hedges 20600000.00 Income tax on above -5200000.00 Fair Value change in Cash Flow hedges 6400000.00 Income tax on above -1600000.00 15400000.00 4800000.00 0.00 0.00