Texmaco Rail & Engineering Limited — Important, 27-10-2024: Updates

Texmaco Rail & Engineering reported strong financial results, with Q2 FY25 revenue at ₹1,346 Cr, a 67.2% year-on-year increase, and H1 FY25 revenue reaching ₹2,434 Cr. The company achieved record freight car sales of 5,301 units in H1, aided by the recent acquisition of Texmaco West Rail. With a robust order book of ₹8,194 Cr, Texmaco is poised for growth, benefiting from increased demand in the rail freight industry and recent government initiatives.