Transrail Lighting shares rise over 5%, extend gains for sixth day after strong Q3 results

The stock has been on a gaining streak since February 4 rallying nearly 15% in the five days ahead of the announcement of the financial results.

The stock opened higher on Tuesday and advanced 5.53% further to hit a high of ₹618 per share on NSE in morning deals. A more than 21% rally in six days attracted profit booking in the stock dragging it down to a low of ₹582 per share.

The stock was trading 0.84% higher at ₹590.5 apiece on the NSE at 10.30 am.

Transrail Lighting is one of the leading Indian EPC firms having focus on power transmission and distribution with integrated manufacturing facilities for lattice structures, conductors and monopoles. On Monday, the company reported a 91.89% jump in consolidated profit after tax to ₹93.24 crore for the December quarter from ₹48.59 crore in the year-ago period.

Consolidated operational revenue soared by 62.13% to ₹1,357.56 crore in Q3FY25 from ₹837.31 crore in the year-ago period, driven by the T&D segment.

Its EBITDA rose nearly 80% to ₹179.8 crore in the December quarter from ₹99.91 crore in the year-ago period.

The EBITDA margins improved to 13.24% in Q3FY25 from 11.93% in Q3FY24 on improved execution and cost controls of international & domestic projects, according to a company release.

The company received new orders worth ₹4,715 crore in the first nine months of FY25, majorly coming from the T&D segment, Transrail Lighting informed the stock exchanges.