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Jupiter Wagons Limited has incorporated a subsidiary company, Jupiter Rail Mobility Private Limited, with an authorized share capital of Rs 15,00,000 and a paid-up share capital of Rs 1,00,000, according to a filing with the BSE Limited and National Stock Exchange of India Limited on September 15, 2026. Jupiter Wagons Limited holds 99.9% of the shareholding in Jupiter Rail Mobility Private Limited, which operates in the railway and engineering industry, and was incorporated on September 3, 2026.

Jupiter Wagons Limited informed the BSE Limited and National Stock Exchange of India Limited that Tuesday, September 22, 2026, has been set as the record date for the 46th Annual General Meeting of the company scheduled to be held on Tuesday, September 29, 2026.

Jupiter Wagons (JWL) has emerged as the successful bidder for two standalone Battery Energy Storage System (BESS) projects with a combined capacity of 100 MW/400 MWh conducted by West Bengal State Electricity Distribution Company (WBSEDCL). The projects, located at Jeerat and Kharagpur, were secured through e-reverse auctions conducted under a Tariff-Based Competitive Bidding (TBCB). The projects will be executed and operated through JEM, subsidiary of JWL, further strengthening its presence in India`s battery energy storage segment. This involves supply and commissioning of an approximately Rs 400 crore of BESS project and will operate under a 15-year BOO model with WBSEDCL. The long-term operating model provides JEM with enhanced revenue visibility while strengthening its presence in India`s rapidly expanding energy storage market. The latest wins add significant scale to Jupiter Electric Mobility`s existing BESS business, which increases its order book to approx. 500 MWh, valued at over Rs 500 crore. JEM Energy is building a sizeable portfolio across India`s emerging BESS market, targeting a BESS order book of approximately Rs 1,000 crore by FY27; reflecting its confidence in the structural growth opportunity for energy storage in India.

Net profit of Jupiter Wagons declined 72.08% to Rs 28.83 crore in the quarter ended March 2026 as against Rs 103.26 crore during the previous quarter ended March 2025. Sales declined 25.31% to Rs 780.15 crore in the quarter ended March 2026 as against Rs 1044.55 crore during the previous quarter ended March 2025.For the full year,net profit declined 55.25% to Rs 171.08 crore in the year ended March 2026 as against Rs 382.26 crore during the previous year ended March 2025. Sales declined 26.43% to Rs 2915.70 crore in the year ended March 2026 as against Rs 3963.28 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales780.151044.55 -25 2915.703963.28 -26 OPM %10.0914.08 -12.1314.27 - PBDT71.56142.36 -50 329.91549.54 -40 PBT53.76127.47 -58 262.82495.90 -47 NP28.83103.26 -72 171.08382.26 -55 Powered by Capital Market - Live News

Jupiter Wagons will hold a meeting of the Board of Directors of the Company on 30 May 2026.