ReferIndia News Titagarh Rail Systems Q3FY26 Results: Net Profit Falls 18.5% YoY to ₹55.72 Crores

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Titagarh Rail Systems Q3FY26 Results: Net Profit Falls 18.5% YoY to ₹55.72 Crores

Published on: Feb. 13, 2026, 9:38 p.m. | Source: scanx.trade

Titagarh Rail Systems reported disappointing Q3FY26 results with net profit declining 18.5% to ₹55.72 crores and revenue falling 5.6% to ₹822.72 crores year-on-year. The nine-month performance was weaker with 35.2% profit decline. Director Saket Kandoi resigned following the transfer of SMS business to subsidiary Titagarh Naval Systems Limited for ₹114.68 crores consideration. While Freight Rail Systems segment revenue dropped 20.2%, Passenger Rail Systems showed strong 236.8% growth, indicating mixed operational performance across business verticals.

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