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Titagarh wagons net up 24.5% to Rs 81 cr

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BS Reporter Mumbai

Railway wagons maker, Titagarh Wagons reported a 24.5% growth in its net profit at Rs 81.39 crore in the quarter ended on 31 March as compared with Rs 65.37 crore in the previous financial year.

Sales for the quarter stood at Rs 685.9 crore, up 19% from Rs 563.7 crore a year ago.

The company's operating margins were 16.83%, expanding by 70 basis points on a year on year basis.

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First Published: May 25 2011 | 2:50 PM IST

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