Titagarh Rail Systems Limited Q2 Results Due November 10
Key highlights
- Titagarh Rail Systems will consider Q2 and H1 FY27 unaudited results on November 10, 2026.
- June 2026 consolidated sales rose 12.7% year-on-year to ₹765 crore from ₹679 crore.
- June 2026 net profit was ₹53 crore, up 71.0% year-on-year from ₹31 crore.
- June 2026 EBITDA was ₹95 crore, up 26% year-on-year, while EPS was ₹3.91.
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Titagarh Rail Systems Limited is scheduled to approve its Q2 FY27 unaudited results on November 10, 2026, after reporting consolidated sales of ₹765 crore and net profit of ₹53 crore in the June 2026 quarter. The board meeting covers both standalone and consolidated results for the quarter and half year ended September 30, 2026.
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When will Titagarh Rail Systems announce Q2 FY27 results?
Titagarh Rail Systems will hold its board meeting on Tuesday, November 10, 2026, to consider and approve unaudited standalone and consolidated financial results for Q2 FY27 and the first half of FY27. The quarter under review covers July to September 2026, while the half-year period ends September 30, 2026.
The company has also scheduled its Q2 and H1 FY27 earnings call for November 13, 2026. The board meeting comes 41 days after the end of the September quarter, according to the results schedule provided. As of the stated schedule, the September-quarter financial results had not yet been filed on the NSE.
The upcoming announcement is important because it will provide the first disclosed financial update after the June quarter. Investors will be able to compare the September-quarter performance with the immediately preceding March and June quarters, as well as with the September 2025 period where comparable data is available.
What did Titagarh Rail Systems report in the June 2026 quarter?
Titagarh Rail Systems reported consolidated sales of ₹765 crore in the quarter ended June 2026, up 12.7% from ₹679 crore a year earlier. Net profit was ₹53 crore, representing year-on-year growth of 71.0% from ₹31 crore, while EBITDA rose 26% to ₹95 crore from ₹75 crore.
The June quarter was lower sequentially than the March 2026 quarter, when sales stood at ₹875 crore, EBITDA was ₹97 crore and net profit was ₹54 crore. The supplied quarterly statement gives June 2026 net sales turnover of ₹765.07 crore, total income of ₹771.71 crore and operating profit of ₹94.88 crore.
The detailed statement also recorded profit before tax of ₹71.46 crore, interest expense of ₹15.10 crore and profit and loss for the year of ₹53.18 crore for June 2026. Reported PAT in that table was ₹53.16 crore. The company’s result summaries round these figures to ₹765 crore for sales and ₹53 crore for net profit.
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How have recent quarterly sales and operating margins moved?
Titagarh Rail Systems' June 2026 sales recovery followed three quarters of year-on-year revenue contraction in the data provided. Revenue was ₹799 crore in September 2025, ₹832 crore in December 2025 and ₹875 crore in March 2026 before moderating to ₹765 crore in June 2026.
On a year-on-year basis, the supplied revenue-growth series shows declines of 24.4% in September 2025, 7.8% in December 2025 and 12.9% in March 2026. June 2026 marked a return to positive growth, with revenue growth of 12.6% in that series, broadly consistent with the separately stated 12.7% sales increase.
Operating profitability improved in the June quarter. Operating profit was ₹94.88 crore compared with ₹75.10 crore in June 2025. Operating profit margin was 12.4%, against 11.1% a year earlier and 11.1% in March 2026. EBITDA in the detailed quarterly statement was ₹101.52 crore, including other income, compared with ₹86.75 crore in June 2025.
What should investors assess in the Q2 FY27 announcement?
Investors should assess whether Titagarh Rail Systems sustained its June-quarter return to year-on-year sales growth and its improved operating margin in the September quarter. The announced results will provide reported figures for revenue, operating profitability, interest costs, tax expense, profit and earnings per share for both the quarter and the first half.
The June numbers showed that sales were below the March-quarter level, even as year-on-year growth returned. This makes sequential comparison relevant when the September data is released. The September 2025 sales figure of ₹799 crore and operating profit of ₹84 crore provide a disclosed year-earlier reference for the upcoming quarter.
The results will also matter for evaluating the company’s passenger-car production plan. Umesh Chowdhary stated that Titagarh Rail Systems remains on track to produce around 200 passenger cars in FY27. The supplied information does not provide a quarterly production figure, order value or updated delivery schedule, so those items would require confirmation through the company’s results release or earnings call.
The November 13 call is the next scheduled forum for management commentary after the board approval. Investors can use it to seek detail on the September-quarter performance, half-year financial trends and the stated FY27 passenger-car production plan.
Conclusion
Titagarh Rail Systems enters its November 10 Q2 FY27 board meeting after a June quarter in which consolidated sales rose 12.7% year-on-year to ₹765 crore, EBITDA increased 26% to ₹95 crore and net profit was reported at ₹53 crore. The figures indicate improved year-on-year operating performance, while sales and profit remained below the March-quarter levels.
The next confirmed events are the approval of Q2 and H1 FY27 unaudited results on November 10 and the earnings call on November 13. Investors will watch the reported September-quarter financial metrics and any management update on the plan to produce around 200 passenger cars during FY27.