K&R Rail Engineering reported Q1 FY2026 results with standalone revenue of Rs. 8,796.97 lakhs and net profit of Rs. 57.83 lakhs. The company appointed Mr. Ashwani Kumar Soni as Additional Independent Director and announced the completion of Mr. Rabindra Kumar Barik's term. The board approved the dissolution of its dormant Dubai subsidiary, K&R Global LLC - FZ.
22Jul 25
K&R Rail Engineering Appoints New Independent Director, Reports Mixed Quarterly Results, and Announces Subsidiary Dissolution
K&R Rail Engineering Limited has appointed Ashwani Kumar Soni as Additional Independent Director for a five-year term starting July 1, 2025, while Rabindra Kumar Barik completed his tenure. The company reported a decline in financial performance, with standalone revenue at ₹8,797.00 cr (-11.27% YoY) and net profit at ₹58.00 cr (-56.72% YoY). Consolidated revenue stood at ₹8,808.00 cr (-38.09% YoY) with net profit at ₹57.00 cr (-82.08% YoY). The board approved the dissolution of its dormant Dubai subsidiary, K&R Global LLC-FZ, and reconstituted various committees.
07Mar 25
K&R Rail Engineering Shares Rise 4% on Major MoU Signing with IPRCL for Projects Up to ₹5,000 Crore
K&R Rail Engineering Limited has signed an MoU with Indian Port Rail and Ropeway Corporation Limited (IPRCL) to execute infrastructure projects valued between ₹50 crore to ₹5,000 crore in railways, roads, highways, and ports, both in India and internationally. The partnership aims for mutual growth and expansion in the infrastructure sector. Following the announcement, K&R Rail Engineering's stock price increased by 4%, and the company reported a 523.30% year-on-year growth in Q3 FY25 net profit, reaching ₹6.42 crore.
06Mar 25
K&R Rail Engineering Inks Major MoU with Indian Port Rail and Ropeway Corporation
K&R Rail Engineering Limited has signed an MoU with Indian Port Rail and Ropeway Corporation Limited to execute infrastructure projects in India and abroad. The agreement covers projects ranging from ₹50 crore to ₹5,000 crore, including railways, roads, highways, and ports. The partnership focuses on EPC contracts in Phase-II and is not a related party transaction.