Jupiter Wagons Secures ₹600 Crore Order from Adani Cement Group

Jupiter Wagons Ltd has won a ₹600 crore order from Ambuja Cements and ACC, both part of the Adani Cement Group, for manufacturing and supplying BCFCM rakes and BVCM wagons. The contract, awarded on February 10, 2025, strengthens Jupiter Wagons’ position in the railway wagon manufacturing sector. Financially, the company is on a strong growth path, reporting an 18.4% YoY increase in net profit to ₹96.4 crore for Q3FY25, driven by higher revenue and improved margins. Revenue from operations rose 15% YoY to ₹1,029.8 crore, while EBITDA grew 19.5% to ₹148.7 crore, with the EBITDA margin expanding to 14.4% from 13.9% last year.

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