Texmaco Rail secures ₹129 crore order from Rail Vikas Nigam for overhead equipment work
Published on 12/09/2025 04:00 PM
Texmaco Rail secures ₹129 crore order from Rail Vikas Nigam for overhead equipment workThe order covers the design, supply, erection, testing, and commissioning of 2*25 KV Traction Overhead Equipment and associated activities at the Yavatmal-Digras section of the Nagpur Division in Central Railways. Shares of Texmaco Rail & Engineering Ltd ended at ₹147.25, up by ₹5.25, or 3.70%, on the BSE.By Jomy Jos Pullokaran September 12, 2025, 4:00:26 PM IST (Published)2 Min ReadRolling stock maker Texmaco Rail & Engineering Limited on Friday (September 12) said it has received a Letter of Acceptance dated September 10, 2025, from Rail Vikas Nigam Limited for an order valued at ₹129.09 crore, inclusive of all taxes.
The order covers the design, supply, erection, testing, and commissioning of 2*25 KV Traction Overhead Equipment and associated activities at the Yavatmal-Digras section of the Nagpur Division in Central Railways.
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The work is to be completed within 18 months from the start date. The contract, awarded by a domestic entity, is not part of any related party transaction, and neither the promoter nor the promoter group has any interest in Rail Vikas Nigam.
First Quarter Results
Texmaco Rail & Engineering Ltd reported a sharp decline in earnings for the June quarter, with net profit falling 49.8% year-on-year to ₹30 crore, compared with ₹59.8 crore a year earlier.
Revenue dropped 16.3% to ₹910.6 crore from ₹1,088.2 crore in the same quarter last year, while EBITDA fell 33.5% to ₹71.2 crore from ₹107 crore. Operating margins narrowed to 7.8% from 9.8% in the corresponding period of the previous year.
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Alongside its results, the company’s Board of Directors approved the reappointment of Indrajit Mookerjee as Executive Director & Vice Chairman for a period of one year from April 2, 2026, and Sudipta Mukherjee as Managing Director for five years from June 1, 2026, subject to shareholder approval.
Shares of Texmaco Rail & Engineering Ltd ended at ₹147.25, up by ₹5.25, or 3.70%, on the BSE.Continue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsRail Vikas Nigamshare market todayTexmaco Rail