Net profit of Texmaco Rail & Engineering rose 151.62% to Rs 76.72 crore in the quarter ended December 2024 as against Rs 30.49 crore during the previous quarter ended December 2023. Sales rose 47.93% to Rs 1326.14 crore in the quarter ended December 2024 as against Rs 896.44 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1326.14896.44 48 OPM %9.859.20 - PBDT103.9457.58 81 PBT93.1448.65 91 NP76.7230.49 152 Powered by Capital Market - Live News

The Board of Texmaco Rail & Engineering at its meeting held on 31 January 2025 has inter-alia considered and approved the Scheme of Arrangement between the Company and Belgharia Engineering Udyog, a wholly owned subsidiary of the Company (Transferee Company or BEL) and their respective shareholders and creditors under the under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (�Act�) (�Scheme�), which inter alia provides for transfer of the Transferred Undertaking (as defined in the Scheme) from the Transferor Company to the Transferee Company as a going concern on slump exchange basis, with effect from the Appointed Date (as defined in the Scheme) and various other matters consequential thereto or otherwise integrally connected therewith in the manner set out in the Scheme.Powered by Capital Market - Live News

Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 31 January 2025.Powered by Capital Market - Live News

Texmaco Rail & Engineering has received revision in credit rating from CARE as under:Long term bank facilities - CARE A (RWD) (revised from CARE A- (RWD))Short term bank facilities - CARE A1 (RWD) (revised from CARE A2+ (RWD))RWD indicates that the rating is under review with developing implications. Powered by Capital Market - Live News

Texmaco Rail & Engineering has received an order for construction of 09 (nine) No.132KV transmission lines on turnkey basis (Total RL: 291 km approx.) valuing Rs. 187.41 crore approx. from Chhattisgarh State Power Transmission Co., a Government of Chhattisgarh Undertaking, to be executed over a period of 15 monthPowered by Capital Market - Live News