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Jupiter Wagons has received a ₹600 crore Letter of Acceptance (LoA) from Ambuja Cements and ACC for the manufacture of BCFCM rakes with BVCM wagons. The company reported an 18.4% YoY profit increase in Q3FY25, reaching ₹96.4 crore.
Jupiter Wagons Ltd has secured a ₹600 crore Letter of Acceptance (LoA) from Adani Cement Group’s subsidiaries, Ambuja Cements and ACC Ltd, for the production and supply of BCFCM rakes along with BVCM wagons. The order, awarded on 10 February 2025, further strengthens the company’s position in the railway manufacturing industry. BCFCM rakes are designed for the efficient transportation of fly ash and cement, aligning with the growing infrastructure and logistics needs of the cement industry.
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Order Value: ₹600 crore LoA from Ambuja Cements & ACC.
Order Type: BCFCM rakes with BVCM wagons.
Award Date: 10 February 2025.
Industry Impact: Enhances logistics efficiency in cement transportation.
Financial Performance: Jupiter Wagons reported an 18.4% YoY profit increase in Q3FY25.
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In addition to securing this high-value order, Jupiter Wagons posted a strong financial performance for Q3FY25. The company’s consolidated net profit grew by 18.4% YoY, reaching ₹96.4 crore, while revenue from operations surged 15% YoY to ₹1,029.8 crore. The total income stood at ₹1,044.7 crore, reflecting a 16% YoY increase, and EBITDA rose 19.5% to ₹148.7 crore, with the margin improving to 14.4% from 13.9% a year ago.
Metrics | Q3FY25 | Q3FY24 | YoY Growth (%) |
Net Profit (₹ crore) | 96.4 | 81.4 | 18.4% |
Revenue (₹ crore) | 1,029.8 | 895.5 | 15% |
Total Income (₹ crore) | 1,044.7 | 900.6 | 16% |
EBITDA (₹ crore) | 148.7 | 124.5 | 19.5% |
EBITDA Margin (%) | 14.4 | 13.9 | — |
Despite the positive business developments, Jupiter Wagons share price ended at ₹318.05 on the BSE, down by ₹15.80 or 4.73%. Market fluctuations and profit booking could have influenced the short-term dip. However, with strong order books and improving financials, the company remains well-positioned for long-term growth in the railway and logistics sector.
Jupiter Wagons continues to solidify its foothold in railway wagon manufacturing with its latest order from Ambuja Cements and ACC. The company’s financial growth and expanding order book reinforce its market leadership. Investors will closely monitor how these new contracts impact Jupiter Wagons share price in the coming quarters.
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