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  • Will focus on order book building for next couple of quarters: Titagarh Wagons

    Will focus on order book building for next couple of quarters: Titagarh Wagons

    Titagarh Wagons posted a weak set of earnings in Q3 as one-time provision hurts EBITDA. In an interview with CNBC-TV18, Umesh Chowdhary, VC and MD of Titagarh Wagons spoke about the results and his outlook for the company.

  • See a pickup in wagon demand in coming years: Titagarh Wagons

    See a pickup in wagon demand in coming years: Titagarh Wagons

    The company currently has an order book of Rs 2,600-2,700 crore of which Indian wagon order stands at a couple of hundred crore.

  • Titagarh Wagons Q3 PAT seen up 68% to Rs 14 cr: ICICI Securities

    Titagarh Wagons Q3 PAT seen up 68% to Rs 14 cr: ICICI Securities

    Net Sales are expected to increase by 2 percent Q-o-Q (up 49.4 percent Y-o-Y) to Rs 413.6 crore, according to ICICI Securities.

  • Railway, navy & private sector orders boosted revenues: Titagarh

    Railway, navy & private sector orders boosted revenues: Titagarh

    Commenting on the good performance, JP Chowdhary, Executive Chairman, Titagarh Wagons told CNBC-TV18, that revenues improved on account of orders from railways and private sector companies. The company‘s received orders worth Rs 100 crore from Indian Navy for vessels, he said.

  • Titagarh Wagons Q1 PAT seen down 164% at Rs 13 cr: ICICI Sec

    Titagarh Wagons Q1 PAT seen down 164% at Rs 13 cr: ICICI Sec

    Sales are expected to decrease by 1.9 percent Q-o-Q (up 86.3 percent Y-o-Y) to Rs 310.5 crore, according to ICICI Securities.

  • Aim to grow defence biz; see higher wagon orders:Titagarh Wagons

    Aim to grow defence biz; see higher wagon orders:Titagarh Wagons

    Umesh Chowdhary, Vice Chairman and Managing Director, Titagarh Wagons is confident of wagon orders improving on the back of government‘s investment focus on railways.

  • Deliveries of MEMU to aid revenues in Q3, Q4: Titagarh

    Deliveries of MEMU to aid revenues in Q3, Q4: Titagarh

    The company‘s prototype of Mainline Electric Multiple Unit (MEMU) has got approved and deliveries have started in Q3, said Umesh Chowdhary, VC & MD, Titagarh Wagons.

  • Railways orders to improve going forward: Titagarh Wagons

    Railways orders to improve going forward: Titagarh Wagons

    Titagarh Wagons had zero wagon and coach sales in the June quarter as it refused to match the low rates quoted by a competitor, that the Indian Railways expected it to, says the company's Vice Chairman and Managing Director Umesh Chowdhary

  • French subsidiary to aid wagon exports to Africa: Titagarh

    French subsidiary to aid wagon exports to Africa: Titagarh

    According to Umesh Chowdhary, VC & MD, Titagarh Wagons synergy with its French subsidiary has helped them do away with its dependence of wagon orders from Indian railways alone.

  • Aim to maintain 13-15% EBITDA margin: Titagarh Wagons

    Aim to maintain 13-15% EBITDA margin: Titagarh Wagons

    Discussing the results, Umesh Chowdhary, VC & MD, Titagarh Wagons, said the company lost a month of revenue in Q3 as a plant was out of operation. However, he said things are looking positive for both coaches and defence business and even private wagon orders have started pouring in.

  • Titagarh Wagons expects Railways to finalise tender soon

    Titagarh Wagons expects Railways to finalise tender soon

    Umesh Choudhary, Vice Chairman, Titagarh Wagons says there have been news reports on earnings of railways having dropped for the first time. He says it is a vicious cycle, if they do not make new capital investment it would hit their earnings.

  • Titagarh Wagons cleans up CIMMCO's balance sheet

    Titagarh Wagons cleans up CIMMCO's balance sheet

    Umesh Choudhary, MD of Titagarh Wagons, in an interview with CNBC-TV18's Latha Venkatesh and Gautam Broker, gave his perspective of the fourth quarter performance and their divulged future plans.

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