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Texmaco Rail gains on bagging Rs 187-cr order from Chhattisgarh State Power Transmission As on : 17-Dec-24  11:03

We write to inform you that the company has received an order for construction of 09 (nine) No. 132KV transmission lines on a turnkey basis (total RL: 291 km approximately) valuing Rs 187.41 crores approximately from Chhattisgarh State Power Transmission, a Government of Chhattisgarh undertaking, the company said in a regulatory filing.

The letter of acceptance (LoA), dated 16 December 2024, details a project timeline of 15 months for completion.

Texmaco Rail & Engineering is a diversified heavy engineering company, with products including railway freight wagons, hydro-mechanical equipment and industrial structures for infrastructure industry, locomotive components and locomotive shells, railway bridges, steel castings and pressure vessels etc.

The company's consolidated net profit soared 233.81% to Rs 67.43 crore on a 67.18% increase in revenue from operations to Rs 1,345.88 crore in Q2 FY25.

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