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News18
05-08-2025
- Business
- News18
Mumbai: Titagarh Rail Systems Bags Contract To Deliver 108 High-Tech Coaches For Metro Line 6
The scope of work includes design, manufacturing, supply, installation, integration, testing, and commissioning of 18 train sets—each with six coaches. Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on Monday. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. 'The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told PTI. Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
The Print
04-08-2025
- Business
- The Print
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
'The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete,' TRSL's Deputy MD Pritish Chowdhary told PTI. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. Kolkata, Aug 4 (PTI) Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on Monday. Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. As the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it said. The design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it added. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district. PTI BSM SOM This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Economic Times
04-08-2025
- Business
- Economic Times
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
Synopsis Titagarh Rail Systems Ltd. has secured a Rs 1,598.55-crore contract to design, manufacture, and supply 108 coaches for Mumbai Metro's Line 6. The contract, awarded by NCC Ltd. on behalf of MMRDA, includes comprehensive maintenance for five years after a two-year defect liability period. ANI Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official said on received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said."The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd, which is executing the project for the Mumbai Metropolitan Region Development Authority (MMRDA). The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district.
Indian Express
04-08-2025
- Business
- Indian Express
Stocks to Watch on Tuesday, August 5: Marico, Titagarh Rail Systems, Bharti Airtel, L&T, DLF, Ather Energy and more
Stocks to Watch: Shares of several companies will remain in focus on Tuesday (August 5) including Marico, Titagarh Rail Systems, Tata Investment Corporation, Bharti Airtel, etc. On Monday, the benchmark BSE Sensex rose by nearly 419 points to close above the 81,000 level while Nifty jumped 157 points following gains in metal, commodities and auto shares amid a firm trend in global markets. The 30-share Sensex gained 418.81 points or 0.52 per cent to settle at 81,018.72. During the day, it climbed 493.28 points or 0.61 per cent to hit an intraday high of 81,093.19. The 50-share NSE Nifty jumped by 157.40 points or 0.64 per cent to close at 24,722.75. In the intraday session, it rose 169.3 points or 0.6 per cent to hit a high of 24,734.65. Electric scooter maker Ather Energy on Monday reported a net loss of Rs 178 crore for the first quarter ended June 30, 2025. The company had posted a net loss of Rs 183 crore for the April-June quarter of the last fiscal. Total income increased to Rs 673 crore for the period under review against Rs 368 crore in the year-ago period, Ather Energy said in a regulatory filing. Homegrown FMGC firm Marico Ltd on Monday reported an 8.23 per cent increase in consolidated net profit to Rs 513 crore in the June quarter on the back of volume growth in India and robust performance in international markets. The company posted a consolidated net profit of Rs 474 crore in the year-ago period, Marico Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,259 crore as against Rs 2,643 crore a year earlier, it added. Paints and coatings maker Akzo Nobel India Ltd on Monday reported a 20.6 per cent decline in consolidated net profit to Rs 91 crore in the June quarter, impacted by lower sales amid tepid consumer demand. It had posted a consolidated net profit of Rs 114.6 crore in the corresponding period last fiscal, Akzo Nobel India said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 995.1 crore as compared to Rs 1,036.3 crore in the year-ago period, it added. Realty major DLF Ltd on Monday reported an 18 per cent increase in consolidated profit to Rs 762.67 crore during the June quarter on the back of higher revenue. Its net profit stood at Rs 644.67 crore in the year-ago period. Total income rose to Rs 2,980.88 crore in the April-June period of the 2025-26 fiscal year from Rs 1,729.82 crore in the corresponding period of the preceding year, according to a regulatory filing. Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro, a company official told PTI. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, the report said. Tata Investment Corporation Ltd on Monday reported an 11.6 per cent increase in consolidated profit after tax at Rs 146.3 crore in the first quarter ended June 30, 2025 on higher dividend income. The company had posted a consolidated profit after tax (PAT) of Rs 131.07 crore in the same quarter last fiscal, Tata Investment Corporation Ltd (TICL) said in a regulatory filing. Airtel's digital arm — Xtelify has launched pioneering digital capabilities to accelerate digital transformations for businesses. Tailored to handle 140 crore transactions per minute for Airtel's own use in India, this sovereign cloud platform is now being extended to meet the ever-evolving needs of businesses in India. The Renewables business vertical of L&T has secured a significant order to develop a grid-connected 116 MWac Solar Photovoltaic (PV) plant integrated with a 241 MWh Battery Energy Storage System (BESS) at Kajra, Lakhisarai district in Bihar. The engineering, procurement and construction order marks an extension of the earlier phase, taking the total co-located storage capacity of the renewable generation site at Lakhisarai to 495 MWh — the largest such project awarded by a state utility in India. Farm and construction equipment firm Escorts Kubota Ltd on Monday reported a 40 per cent rise in consolidated profit after tax from continuing operations to Rs 369.5 crore in the first quarter ended June 30, 2025. The company had posted a consolidated profit after tax (PAT) of Rs 264.4 crore in the corresponding quarter previous fiscal, Escorts Kubota said in a statement. Coal India Ltd (CIL) has set an ambitious supply target of 900.24 million tonnes (MT) for 2025-26, representing over 18 per cent growth from the previous year's achievement, as part of a strategy to meet rising power demand and reduce imports. According to the company's outlook by its management in its latest annual report, around 74 per cent of the total coal dispatch is expected to be consumed by the power sector alone, underscoring CIL's critical role in ensuring uninterrupted electricity supply across the country. (With inputs from PTI)
Time of India
04-08-2025
- Business
- Time of India
Titagarh Rail Systems bags Rs 1,600-crore contract to supply 108 coaches to Mumbai Metro
Titagarh Rail Systems Ltd (TRSL) has received a Rs 1,598.55-crore contract for manufacturing 108 coaches for Mumbai Metro , a company official said on Monday. TRSL received a Letter of Acceptance (LoA) for the design, manufacture, supply, installation, integration, testing and commissioning of the coaches for Mumbai Metro's Line 6, he said. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program "The margin of this new metro contract remains consistent with the current trend of 9-10 per cent. This will improve once we ramp up capacity, and the ongoing backwards integration is complete," TRSL's Deputy MD Pritish Chowdhary told PTI. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 1 minute and see why everyone is addicted. Undo Currently, each coach costs on average Rs 10-11 crore, depending on facilities and requirements of the customer, he said. The contract has been awarded by NCC Ltd , which is executing the project for the Mumbai Metropolitan Region Development Authority ( MMRDA ). Live Events The scope includes five years of comprehensive maintenance, following a two-year defect liability period, the company said. As the specialised subcontractor for rolling stock for Line 6, connecting Swami Samarth Nagar to Vikhroli (Eastern Express Highway), TRSL will deliver 18 train sets comprising six coaches each, it said. The design-build phase is expected to be completed within 104 weeks, after which the maintenance period will commence, it added. The company said the order further strengthens its presence in the Indian urban transit segment, aligning with its broader growth strategy in rail mobility solutions. TRSL has an integrated manufacturing facility at Uttarpara in West Bengal's Hooghly district.
