At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.