Titagarh Rail Systems Ltd 2024 AR2

The report highlights Titagarh Rail Systems Limited's exceptional performance in FY 2023-24, achieving its highest-ever revenue of Rs. 3,853 Crores and a profit after tax of Rs. 297 Crores. The company successfully transitioned to a net debt-negative status, demonstrating strong financial stability. Key achievements included securing a prestigious Vande Bharat train manufacturing and maintenance order in consortium with BHEL, and strategic collaborations with ABB and Sidwal Refrigeration. Additionally, the company successfully expanded its manufacturing capacity to 12,000 wagons per year and initiated its first export of traction converters to Italy.

Company: Titagarh Rail Systems Ltd

Sector: Industrials

Country: India

Year: 2024

Type: AR2

Pages: 159

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Titagarh Rail Systems Ltd

Titagarh Rail Systems Ltd 2024 Annual Report

Annual Report

The report highlights Titagarh Rail Systems Limited's exceptional performance in FY 2023-24, achieving its highest-ever revenue of Rs. 3,853 Crores and a profit after tax of Rs. 297 Crores. The company successfully transitioned to a net debt-negative status, demonstrating strong financial stability. Key achievements included securing a prestigious Vande Bharat train manufacturing and maintenance order in consortium with BHEL, and strategic collaborations with ABB and Sidwal Refrigeration. Additionally, the company successfully expanded its manufacturing capacity to 12,000 wagons per year and initiated its first export of traction converters to Italy.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Employees