Transrail Lighting's Profits Dip Amid Lower Income, Despite Yearly Growth

Transrail Lighting saw a 24% drop in net profit for the March quarter of FY26, attributed to decreased income. Despite this, its net profit for the whole fiscal year increased, aided by strong execution across segments. The company also announced a dividend and new capex plans.

Transrail Lighting experienced a 24% decline in its consolidated net profit to Rs 96.50 crore during the March quarter of FY2025-26, impacted by reduced income. In the previous year, the company's profit stood at Rs 127.20 crore, as revealed in a regulatory statement on Tuesday.

For the January-March period, the company's total income fell to Rs 1,874 crore, compared to Rs 1,960.67 crore in the same period the prior year. Meanwhile, expenses amounted to Rs 1,727.23 crore for Q4FY26, down from Rs 1,785.31 crore during the closing quarter of FY25.

Despite the quarterly slump, Transrail's net profit for the full fiscal year climbed to Rs 403.59 crore from Rs 328.68 crore in FY25, with total income growing to Rs 6,928.83 crore from Rs 5,353 crore. Their unexecuted order book expanded by 12% to Rs 16,361 crore as of the end of March.

The board recommended a final dividend of Rs 2 per share, alongside authorizing a capital expenditure of around Rs 203 crore. "We have posted record Revenue, EBITDA, and PAT numbers, driven by strong execution across key sectors and regions," stated MD & CEO Randeep Narang. The company reported FY26 revenues of Rs 6,880 crore and EBITDA of Rs 820 crore.