Net profit of Texmaco Rail & Engineering rose 147.24% to Rs 45.32 crore in the quarter ended March 2024 as against Rs 18.33 crore during the previous quarter ended March 2023. Sales rose 37.03% to Rs 1144.56 crore in the quarter ended March 2024 as against Rs 835.27 crore during the previous quarter ended March 2023.For the full year,net profit rose 334.92% to Rs 113.21 crore in the year ended March 2024 as against Rs 26.03 crore during the previous year ended March 2023. Sales rose 56.15% to Rs 3502.87 crore in the year ended March 2024 as against Rs 2243.28 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales1144.56835.27 37 3502.872243.28 56 OPM %7.316.62 -7.526.48 - PBDT75.4731.85 137 200.4055.61 260 PBT66.7122.96 191 162.1920.41 695 NP45.3218.33 147 113.2126.03 335 Powered by Capital Market - Live News

Texmaco Rail & Engineering announced that the Board of Directors of the Company at its meeting held on 16 May 2024, has recommended a Final dividend of Rs.0.50 per share (i.e.50%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 16 May 2024Powered by Capital Market - Live News

Texmaco Rail & Engineering has allotted 38,86,010 convertible warrants at price of Rs 193 to Adventz Finance (promoter group) upon receipt of payment of 25% of the consideration of warrants. The company also allotted 38,86,010 convertible warrants at price of Rs 193 to Samena Green (non-promoter group) upon receipt of payment of 25% of the consideration of warrants. Powered by Capital Market - Live News

The Board of Texmaco Rail & Engineering at its meeting held on 27 February 2024 has approved raising up to Rs 150 crore by way of issuance of convertible warrants on preferential basis to promoters/ promoter group. Powered by Capital Market - Live News