Texmaco Rail & Engineering Limited — Board Meeting, 16-05-2025: Outcome of Board Meeting
16-05-2025 | 03:36 pm
16-05-2025 | 03:36 pm
Texmaco Rail & Engineering has announced a board meeting on the approval of the consolidated financial results for the quarter and year ended March 31, 2025. The company posted strong FY25 consolidated revenue of Rs 5,106.57 Cr and net profit of Rs 248.26 Cr, marking robust growth over FY24. A 75% dividend (Re 0.75/share) is proposed. Key moves include merging its subsidiary Texmaco West Rail Ltd and transferring its Infra-Rail & Green Energy division to Belgharia Engineering Udyog Pvt Ltd. The Board reappointed Mr. Saroj Kumar Poddar as Chairman and Mr. A.K. Vijay as Executive Director. Fundraising of Rs 900 Cr has mostly been deployed toward capex, debt, and working capital.
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