Texmaco Q3 result: Profit jumps to Rs 76 cr; order book touches Rs 7,612 cr

Quick Summary:

Texmaco Rail & Engineering Ltd on Sunday reported an over two-fold jump in its consolidated profit after tax to Rs 76 crore in December quarter, riding on higher deliveries of freight cars.

Texmaco's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the quarter reached Rs 139 crore, up from Rs 91 crore in October-December quarter of preceding 2023-24 fiscal.

The company's total revenue from operations also surged 47.9 per cent to Rs 1,326 crore in the reporting quarter from Rs 896 crore a year ago.

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Category: BusinessFinance

Markets: India

Topics: Freight car deliveries Corporate Financial Services (NEC) Indrajit Mookerjee Gujarat Manufacturing Adventz Group Green energy Chhattisgarh West Bengal Manufacturing capabilities Steel foundry

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Article Type: News Report

Published On: 2025-02-02 @ 14:45:50 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 420 words

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News ID: 25719905

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