Texmaco Rail & Engineering Ltd Q2FY24; 57% rise in Profits

Texmaco Rail & Engineering Ltd is an engineering infrastructure co. & part of the Adventz Group, The company is involved in the business of manufacturing Rolling stock, hydro-mechanical equipment, steel castings & construction of Rail EPC, bridges, and other steel structures.

Financial Results:

Texmaco Rail & Engineering Ltd reported Revenues for Q2FY24 of ₹805.00 Crores up from ₹484.00 Crore year on year, a rise of 66.32%.

Total Expenses for Q2FY24 of ₹776.00 Crores up from ₹481.00 Crores year on year, a rise of 61.33%.

Consolidated Net Profit of ₹22.00 Crores up 57.14% from ₹14.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.68, up 61.90% from ₹0.42 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.