Power Stock engaged in providing engineering, procurement, and construction services for transmission, distribution lines and many more jumped upto 11 percent in the day’s trade following robust Q3FY25 results and Rs. 326 Crores capex plans.
Price Action
With a market capitalization of Rs. 8,485 Crores, the shares of Transrail Lighting Limited were trading at Rs. 628 per equity share, up 5 percent from the previous day’s close price of Rs. 596.60.
What Happened
Transrail Lighting Limited an engineering and construction company focused on power transmission and distribution and manufacturing lattice structures, conductors, and monopoles is in focus today following robust results and new capex plans since its recent listing.
Q3 FY25 Results
Its Revenue from operations grew by 12 percent YoY from Rs. 956.86 Crores in Q3FY24 to Rs. 1068.33 Crores in Q3FY25 and it grew by 19 percent QoQ from Rs. 896.9 Crores in Q2FY25 to Rs. 1068.33 Crores in Q3FY25.
Its Net Profit grew by 19 percent YoY from Rs. 46.28 Crores in Q3FY24 to Rs. 55.11 Crores in Q3FY25 and it grew by 7 percent QoQ from Rs. 51.74 Crores in Q2FY25 to Rs. 55.11 Crores in Q3FY25. Its Net Profit Margin increased from 4.70 percent in Q3FY24 to 5.02 percent in Q3FY25.
Capex Plan
The Board of Directors of Transrail Lighting has considered and approved an increase inter alia in the manufacturing capacity of the existing plants, set up of a new tower manufacturing facility, and procure plant & machinery for construction with a capex plan of Rs. 326.6 Crores which is going to be funded through debt.
Transrail Lighting Limited Services involve engineering, procurement, and construction of transmission lines and distribution lines. EPC services in civil construction including design in relation to bridges, tunnels, elevated roads, and cooling towers.
It also acts as a manufacturer and service provider in the poles and lighting segment, including supply, installation, and testing, it specializes in railway services, including overhead electrification, signaling, telecommunication, earthworks, and track linking.
Written by: Bharath K.S
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