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  1. Texmaco Rail shares surge nearly 4% as firm bags ₹129 crore order from Rail Vikas Nigam; check details

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Texmaco Rail shares surge nearly 4% as firm bags ₹129 crore order from Rail Vikas Nigam; check details

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2 min read | Updated on September 12, 2025, 17:38 IST

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SUMMARY

The project involves the design, supply, installation, testing, and commissioning of 2*25 kV traction overhead equipment and related works at the Yavatmal-Digras section of Central Railway’s Nagpur Division.

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Texmaco Rail & Engineering posted a sharp decline in earnings for the quarter ended June 30, 2025 (Q1 FY26).

Texmaco Rail & Engineering posted a sharp decline in earnings for the quarter ended June 30, 2025 (Q1 FY26).

Shares of Texmaco Rail & Engineering Limited settled 3.67% higher at ₹147.25 apiece on the National Stock Exchange after the company received a Letter of Acceptance (LoA) from Rail Vikas Nigam Limited for Nagpur Project.

The project is worth ₹129.09 crore, including taxes. It involves the design, supply, erection, testing and commissioning of 2*25 kV traction overhead equipment and related works at the Yavatmal-Digras section of Central Railway’s Nagpur Division.

Texmaco Rail stated that the work will be completed within 18 months from the start date. The order, awarded by a domestic entity, is not classified as a related party transaction. The company also clarified that neither its promoters nor the promoter group have any interest in RVNL.

The stock opened at ₹142.50, up from the previous close of ₹142.04. The company’s market capitalisation is ₹5,882.16 crore.

Over the last five days, shares of Texmaco Rail & Engineering have gained 6.23%. The scrip has advanced 4.80% in the last month. On the other hand, Texmaco Rail & Engineering shares have significantly zoomed 13.93% in the last 6 months. While, the year to date drop stands at 25.33%.

The stock touched its 52 week high of ₹239.74 on December 17, 2024 and its 52 week low of ₹119.06 on April 7, 2025.

Texmaco Rail & Engineering Q1 results:

Texmaco Rail & Engineering posted a sharp decline in earnings for the quarter ended June 30, 2025 (Q1 FY26). The company’s net profit fell 50.5% year-on-year (YoY) to ₹29 crore, compared to ₹59.83 crore in the same period last year.

Revenue from operations also dropped 16.3% YoY to ₹911 crore. The company attributed the weak performance mainly to supply constraints for wagon wheelsets from Indian Railways, which impacted its ability to meet demand.

On the operational front, profit before tax stood at ₹37.35 crore, while EBITDA declined 36% YoY to ₹79 crore. The EBITDA margin contracted to 8.7%, reflecting pressure on both costs and profitability.

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About The Author

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Kadambari Modhave is a writer with around 6 years of experience in the BFSI sector. She covers business and personal finance news.