Texmaco Rail bags fresh order worth ₹86.85 crore from Ultratech Cement

Texmaco Rail & Engineering Limited on Thursday (September 18) said it has secured an order worth ₹86.85 crore from Ultratech Cement Limited. The contract involves the supply of BCFC wagons along with a brake van.

The delivery of the contract is scheduled to be completed by March 2026.

This comes days after the company disclosed another significant order. On September 12, Texmaco announced it received a letter of acceptance dated September 10 from Rail Vikas Nigam Limited (RVNL) for a project valued

at ₹129.09 crore, inclusive of all taxes.

The scope of work included the design, supply, erection, testing, and commissioning of 2x25 KV traction overhead equipment and associated activities at the Yavatmal–Digras section of the Nagpur division under Central Railways. The project is expected to be completed within 18 months from commencement.

First quarter results

Texmaco Rail & Engineering Ltd reported a sharp decline in earnings for the June quarter, with net profit falling 49.8% year-on-year to ₹30 crore, compared with ₹59.8 crore a year earlier.

Revenue dropped 16.3% to ₹910.6 crore from ₹1,088.2 crore in the same quarter last year, while EBITDA fell 33.5% to ₹71.2 crore from ₹107 crore. Operating margins narrowed to 7.8% from 9.8% in the corresponding period of the previous year.

Shares of Texmaco Rail & EngineeringLtdended lower on Thursday (September 18) at ₹147.70, down by 1.11%, on the NSE.