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Oriental Rail Infrastructure Appoints Saleh Mithiborwala Managing Director After Karim's Resignation


11 August 2026
Oriental Rail Infrastructure Ltd.

Margins Expand, Leadership Shifts PAT at Rs 10.7 Cr in Q1 FY27 (consolidated), +83.0% YoY. Revenue at Rs 138 Cr in Q1 FY27 (consolidated), +16.7% YoY. EBITDA at Rs 22.2 Cr, +38.2% YoY. EBITDA margin at 16.2% vs 13.7%. Orders in hand stood at Rs 1,692 Cr. Managing Director Karim N. Mithiborwala resigned due to health issues. Saleh N. Mithiborwala was appointed Managing Director and Tahaa S. Mithiborwala Whole-Time Director, subject to shareholder approval. The Board fixed September 1, 2026 as the record date for the proposed Rs 0.10 final dividend.


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