Texmaco Rail & Engineering approves financial results and reappoints executive director

Texmaco Rail & Engineering Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The board also approved the re-appointment of Mr. Udyavar Vittal Kamath as an Executive Director for a period of one year, effective February 1, 2027. The results were reviewed by statutory auditors and the Audit Committee.

Board Meeting Outcomes

Texmaco Rail & Engineering Limited has announced the outcomes of its Board Meeting held on November 5, 2026. The Board of Directors has inter-alia approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter and half-year ended September 30, 2026. These results, accompanied by the Limited Review Report from the Statutory Auditors with an unmodified opinion, are marked as Annexure A.

Executive Re-appointment

In addition to the financial results, the Board also approved the re-appointment of Mr. Udyavar Vittal Kamath (DIN: 00648897) as an Executive Director for a period of 1 (one) year, effective from February 1, 2027. This re-appointment is in line with the recommendations of the Nomination and Remuneration Committee and adheres to the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The re-appointment is subject to the approval of the shareholders.

Detailed Disclosures

Further details as required under the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure B. The meeting commenced at 11:45 a.m. and concluded at 2:40 p.m.

Financial Highlights (Standalone)

For the quarter ended September 30, 2026, Texmaco Rail & Engineering reported a total income of ₹87,775.57 Lakhs. Total expenses amounted to ₹82,659.67 Lakhs, resulting in a Profit before Tax from Continuing Operations of ₹5,115.90 Lakhs. After accounting for tax expenses, the Net Profit after tax for the quarter stood at ₹3,612.48 Lakhs. For the half-year ended September 30, 2026, total income was ₹1,65,555.64 Lakhs, with a Net Profit after tax of ₹8,783.11 Lakhs.

Financial Highlights (Consolidated)

On a consolidated basis, the total income for the quarter ended September 30, 2026, was ₹87,844.16 Lakhs, and total expenses were ₹83,097.62 Lakhs. This led to a Profit before Tax of ₹4,746.54 Lakhs. The consolidated Net Profit after tax for the quarter was ₹11,104.35 Lakhs. For the half-year ended September 30, 2026, consolidated total income reached ₹2,18,475.64 Lakhs, with a Net Profit after tax of ₹11,140.81 Lakhs.

Source: BSE

Previous Article

Sky Gold revenue grows 61% to INR2,391 crore in Q2 FY27