Titagarh freight segment revenue drops 22% in Q3; Kandoi to lead Naval Systems Subsequent to the transfer of the SMS business to the subsidiary Titagarh Naval Systems, Director Saket Kandoi tendered his resignation.

Titagarh Rail Systems' freight rail systems segment, which also incorporates bridges and defense products, reported a net loss of ₹666 crore in the third quarter (Q3) ending December 2025.

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