Profit

Earnings review: Titagarh Wagons Q1 results

PUBLISHED ON: August 3, 2011 | Duration: 12 min, 17 sec

   
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JP Chowdhary, chairman of Titagarh Wagons, says for the first quarter margins were under pressure due to rising costs but the compensation was provided by way of escalation clause. TWL has reported an increase in PAT of 32 per cent to Rs 27.16 crore in the quarter ended June 30, 2011.
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