Latest news with #RandeepNarang
Business Standard
5 days ago
- Business
- Business Standard
Transrail Lighting rises after securing orders worth Rs 534 cr
Transrail Lighting gained 2.75% to Rs 655.95 after the company announced that it has secured fresh domestic and international orders worth Rs 534 crore. Randeep Narang, MD & CEO, said, We are pleased to begin the new financial year with a steady build-up in order inflows, led by wins in our core transmission & distribution segment. These new orders also include our biggest substation job, which we are going to execute in Africa. With FY26 order intake already crossing Rs 1,600 crore, we remain focused on efficient execution and timely delivery. Transrail Lighting is one of the leading EPC players in the Transmission & Distribution (T&D) segment, along with Civil, Railways, and Poles & Lighting, having a footprint across 58 countries.
Business Standard
5 days ago
- Business
- Business Standard
Transrail Lighting rises after securing order worth Rs 534 cr
Transrail Lighting gained 2.75% to Rs 655.95 after the company announced that it has secured fresh domestic and international orders worth Rs 534 crore. Randeep Narang, MD & CEO, said, We are pleased to begin the new financial year with a steady build-up in order inflows, led by wins in our core transmission & distribution segment. These new orders also include our biggest substation job, which we are going to execute in Africa. With FY26 order intake already crossing Rs 1,600 crore, we remain focused on efficient execution and timely delivery. Transrail Lighting is one of the leading EPC players in the Transmission & Distribution (T&D) segment, along with Civil, Railways, and Poles & Lighting, having a footprint across 58 countries. The company's consolidated net profit advanced 26.9% to Rs 126.57 crore, while revenue from operations rose 38.9% to Rs 1,906.65 crore in Q4 March 2025 over Q4 March 2024.
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Business Standard
5 days ago
- Business
- Business Standard
₹534-crore order lifts Transrail Lighting share price 6% on Tuesday, June 3
The uptick in Transrail Lighting share price came after the company announced that it has secured orders worth Rs 534 crore. SI Reporter New Delhi Transrail Lighting share price: Transrail Lighting shares were buzzing in trade in a weak market on Tuesday, June 3, 2025, with the scrip rallying up to 5.86 per cent to hit an intraday high of ₹675.85 per share. By 10:20 AM, Transrail Lighting share was off day's high, and was trading 2.32 per cent higher at 653.20 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,179.95 levels. Why did Transrail Lighting share price jump in trade today? The uptick in Transrail Lighting share price came after the company announced that it has secured orders worth Rs 534 crore. In an exchange filing, Transrail Lighting said, 'Transrail Lighting,, a prominent EPC player in the Transmission & Distribution (T&D) segment, with presence in Civil, Railways, and Poles & Lighting, wins fresh orders of ₹534 crore across domestic and international geographies.' On securing the deal, Randeep Narang, MD & CEO of Transrail Lighting, said, 'We are pleased to begin the new financial year with a steady build-up in order inflows, led by wins in our core Transmission & Distribution segment. These new orders also include our biggest substation job which we are going to execute in Africa. With FY26 order intake already crossing ₹1,600 crore, we remain focused on efficient execution and timely delivery.' About Transrail Lighting Transrail Lighting is among the leading engineering, procurement, and construction (EPC) companies with a strong focus on the power transmission and distribution (T&D) sector. The company brings over four decades of industry expertise and operates globally, with a presence in 59 countries across five continents. It delivers end-to-end turnkey solutions, encompassing design, engineering, supply, manufacturing, construction, and testing services. Its diverse business verticals include Power T&D, Civil Construction, Railways, Poles & Lighting, and Solar EPC, supported by a team of more than 2,100 employees. In the Power T&D segment, Transrail Lighting operates large-scale manufacturing facilities in India, producing Galvanized Lattice Towers, Overhead Conductors, and Galvanised Monopoles. These facilities are complemented by a state-of-the-art, accredited tower testing facility, ensuring the highest standards of quality and performance.
Mint
5 days ago
- Business
- Mint
Transrail Lighting share price soars 6% to 4-month high after securing ₹534 crore in new orders
Transrail Lighting share price in focus: Transrail Lighting, a recent debutant on Dalal Street, saw a sharp uptick in its shares during early morning trade on Tuesday, June 3, gaining 6% to hit a four-mnth high of ₹ 674 apiece, following a significant order win in the Transmission & Distribution (T&D) segment. The company informed investors through a regulatory filing on Monday that it had received fresh orders worth ₹ 534 crore across both domestic and international markets. Randeep Narang, MD & CEO, said, 'We are pleased to begin the new financial year with a steady build-up in order inflows, led by wins in our core Transmission & Distribution segment. These new orders also include our biggest substation job, which we will execute in Africa. With FY26 order intake already crossing ₹ 1,600 crore, we remain focused on efficient execution and timely delivery.' During the March quarter, the company secured new orders worth ₹ 4,965 crore, taking the total order intake for FY25 to ₹ 9,680 crore, primarily from the T&D segment. As of March 31, 2025, its unexecuted order book stood at ₹ 14,551 crore, reflecting a 44% year-on-year growth. For the quarter ended March 2025, the company reported a 27% rise in consolidated net profit to ₹ 126.57 crore, up from ₹ 99.72 crore in the corresponding period of FY24, driven by higher operational revenues. Transrail's operational revenues increased by 40% year-on-year to ₹ 1,946.02 crore from ₹ 1,392.41 crore in Q4FY24. For the full year FY25, the company's net profit rose over 40% to ₹ 327 crore from ₹ 233 crore in FY24. Operational revenues also grew 30% to ₹ 5,307.75 crore from ₹ 4,076.52 crore in the previous year. Transrail Lighting is one of the leading EPC players in the T&D segment, with operations also spanning civil, railways, and poles & lighting, and a footprint across 58 countries. The company has completed more than 200 projects in the power transmission and distribution vertical, with comprehensive project execution capabilities, including manpower and the supply of self-manufactured materials. After a bumper listing on the exchanges in December 2024, the stock couldn't sustain its momentum in the following months, closing in the red for five consecutive months, including December. However, after a period of sluggishness, the stock staged a recovery in May, gaining 32%. The company's shares were listed at ₹ 585.15 apiece on the BSE and ₹ 590 on the NSE, delivering around 36% listing gains to IPO investors. At current levels, the shares are trading 15.3% above their listing price.
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Business Standard
26-05-2025
- Business
- Business Standard
Transrail Lighting shares soar 11% after Q4 results; best session since Jan
Shares of Transrail Lighting surged nearly 11 per cent on Monday after the company reported a 27 per cent jump in consolidated net profit for the March quarter (Q4FY25). The engineering and project services company, Transrail Lighting stock rose as much as 10.7 per cent during the day to ₹632.8 per share, the biggest intraday gain since Jan 16 this year. The stock pared gains to trade 10 per cent higher at ₹628 apiece, compared to a 0.72 per cent advance in Nifty50 as of 9:42 AM. Shares of the company extended gains to their fifth day and have risen over 35 per cent from its recent lows of ₹451, which it hit earlier this month. The counter has risen 12 per cent this year, compared to a 5.8 per cent advance in the benchmark Nifty50. Transrail Lighting has a total market capitalisation of ₹8,158.74 crore. Transrail Lighting Q4FY25 results Driven by a strong rise in revenue and record new orders, it reported a 27 per cent jump in consolidated net profit for the March quarter to ₹126.57 crore. In the same quarter last year (Q4FY24), the company had posted a net profit of ₹99.72 crore. Transrail's operational revenue surged 40 per cent to ₹1,946.02 crore in Q4FY25, compared to ₹1,392.41 crore in Q4FY24. For the full financial year 2024–25, the company reported a more than 40 per cent increase in net profit, touching ₹327 crore, up from ₹233 crore in the previous year. Its annual operational revenue also grew by 30 per cent to ₹5,307.75 crore, up from ₹4,076.52 crore in FY24. Transrail Lighting Q4 orderbook In Q4 alone, the company secured new orders worth ₹4,965 crore, taking its total order intake for FY25 to ₹9,680 crore. Most of these orders came from the transmission and distribution (T&D) sector. By the fiscal year-end, the company's unexecuted order book grew 44 per cent year-on-year, reaching ₹14,551 crore. 'We closed FY25 with excellent performance across all key operational parameters, marked by strong revenue growth, benchmark margins, and record order inflows. Our continued focus on core strengths, disciplined execution, and operational efficiencies has enabled these encouraging results,' said Randeep Narang, managing director and chief executive officer. About Transrail Lighting Transrail Lighting is one of the leading Indian EPC companies, mainly focused on the power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors and monopoles. It provides turnkey solutions from Design, Engineering, Supply, Manufacture, Construction, and Testing services across all its business verticals, which include Power T&D, Civil Construction, Railways, Pole & lighting, and Solar EPC.
