The company’s net profit for the June quarter surged 79% year-on-year to Rs 143.27 crore, compared to Rs 80.09 crore in the same quarter last year.
Revenue from operations climbed 15.7% year-on-year to Rs 601.77 crore, up from Rs 520.11 crore in Q1FY25. Earnings per share rose to Rs 5.16 from Rs 2.87 a year ago, reflecting a 79.3% YoY increase.
Total expenses in Q1FY26 came in at Rs 427.79 crore, down 13.3% from Rs 493.66 crore in the March 2025 quarter. Compared to Q1FY25, expenses were marginally higher by 1.3%. The decline in sequential expenses, coupled with higher income, helped boost profitability. The company did not provide specific details on the cost reduction but indicated that operational efficiencies and cost management strategies may have played a role.
In its meeting on August 9, the board also reappointed Dr. Aluru Jagadish Prasad as Chairman and Managing Director for a five-year term starting October 1, 2025, subject to shareholder approval. Further, the board fixed September 12 as the record date to determine shareholder eligibility for dividend entitlement, if declared at the upcoming AGM.
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In June, the company secured a Rs 132.95 crore contract from South Central Railway to deploy the indigenous Kavach safety system across the Vijayawada–Ballarshah section, and a Rs 30.67 crore order to upgrade Kavach along the Mudkhed–Manmad section.
Kavach is an automatic train protection system developed in India to minimise the risk of signal passing at danger (SPAD) and collisions. It is part of Indian Railways’ broader initiative to boost safety through homegrown technology.
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