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Texmaco Rail & Engineering said that it has received an order worth Rs 27.75 crore from South Western Railway for TRD Maintenance & breakdown activities in different sections.
The order includes TRD maintenance and breakdown activities in BYPL(Incl)- OML(Excl), YNK(excl)- BWT(excl), BAW(incl)-SPGR(incl) SBC(incl)- JTJ(Excl), BAW(Excl)- HAS(Excl), BID-Y and YNK-DMM sections.
The order will be completed in 24 months from the date of LoA.
Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings, pressure vessels, etc.
The company has reported a 13.5% decline in consolidated net profit to Rs 39 crore despite a 17.6% rise in revenue from operations to Rs 1,346 crore in Q4 FY25 as compared with Q4 FY24.
The counter declined 1.43% to end at Rs 176.10 on the BSE.
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