Shares of Transrail Lighting Ltd skyrocketed 11% on 16 January after the company announced its quarterly earnings for the July-September quarter. 

In its quarterly earnings, the company reported a 22% year-on-year (YoY) growth in net profit to Rs 58 crore during the quarter under review compared to Rs 47.5 crore reported in the same quarter last year. 

The revenue of the company during the quarter stood at Rs 1,068 crore, marking an 11.5% YoY increase compared to Rs 957 crore reported in the same quarter last year. 

On the operating level, the earnings before interest, tax, depreciation, and amortisation (EBITDA) margins expanded 90 basis points to 11.3% during Q2FY25 compared to 10.2% in Q2FY24. 

During the quarter, the company reported an order intake of Rs 2,248 crore, with a total order book of Rs 10,358 crore. 

The company released its Q2 results after its listing on the stock exchanges last month. Transrail Lighting’s shares debuted on the market in December, soaring nearly 37% on the first trading day.

In addition, the company’s board approved a capital expenditure plan of Rs 326.6 crore to expand the manufacturing capacity of existing facilities, establish a new tower manufacturing plant, and acquire machinery for construction. To support this plan, the board also sanctioned raising up to Rs 236.6 crore in debt, as detailed in a stock exchange filing.

At 11:41 am, the shares of Transrail Lighting were trading 5.71% higher at Rs 630.80 on NSE. 

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