Transrail Lighting Q1 FY26 PAT Doubles, Revenue Up 81%

Mumbai | Tuesday, August 5, 2025 – Transrail Lighting Limited, a leading EPC company in India with a strong focus on the Power Transmission & Distribution (T&D) sector, has reported a robust financial performance for the first quarter of FY26, ending June 30, 2025. The company recorded an impressive 81% year-on-year growth in operational revenue, reaching ₹1,660 crore compared to ₹916 crore in the same period last year.

The company’s profitability also saw a sharp rise, with Profit After Tax (PAT) increasing by 105% to ₹106 crore from ₹52 crore in Q1 FY25. Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at ₹200 crore, up 66% year-on-year, while Profit Before Tax (PBT) rose by 89% to ₹147 crore. The PAT margin improved to 6.33% from 5.56%, marking a 46 basis point increase.

This growth was primarily driven by strong execution in the company’s core T&D segment, which continues to be the foundation of its business. Transrail also reported healthy momentum in new business, with order intake rising 72% year-on-year to ₹1,748 crore during the quarter. A major portion of the new orders came from domestic T&D projects.

As of June 30, 2025, Transrail’s un-executed order book stood at ₹14,654 crore, reflecting a year-on-year growth of 44%. Including L1 orders, the total order book reached ₹15,637 crore, underscoring the company’s strong project pipeline and execution visibility going forward.

In a further boost to its financial credentials, Transrail’s credit rating was upgraded by CRISIL to AA- with a stable outlook for long-term instruments, and A1+ for short-term instruments, highlighting improved financial discipline and operational performance.

Commenting on the quarterly performance, Randeep Narang, Managing Director & CEO of Transrail Lighting Limited, said, ““We have started the financial year on a strong note, delivering robust growth in revenue, profitability and order intake. Our consistent order inflow led by the core T&D segment, has further strengthened our orderbook which coupled with our sharp focus on execution, reinforces our confidence in sustaining this momentum in the quarters ahead.”