Texmaco Rail Q2 Results: The company recorded a remarkable 196% increase in profit after tax (PAT), reaching ₹74 crore, supported by an 82% surge in EBITDA to ₹149 crore, up from ₹82 crore in the previous year’s quarter.
For Q2 FY25, the company announced a 67.2% surge in consolidated revenue from operations, amounting to ₹1,346 crore. This substantial growth is up from ₹805 crore reported in the corresponding quarter of the previous year.
Shares of Texmaco Rail reacted positively to the financial results, climbing by nearly 5.79% to ₹209.05 on the BSE. This investor enthusiasm reflects the strong financial performance indicated in the quarterly report.
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The EBITDA margin also saw an improvement, increasing to 11% from 10.1% in Q2 FY24. This margin enhancement underscores the company’s operational efficiency and improved profitability metrics during the period.
The PAT margin expanded to 5.5% from 3.1% in the same quarter last year, demonstrating a more robust bottom-line growth. This increase is reflective of significant operational improvements and cost management strategies.
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Texmaco also completed the strategic acquisition of Jindal Rail Infrastructure Ltd., now renamed Texmaco West Rail Limited, for ₹614 crore. This move, finalised on September 3, 2024, strengthens Texmaco’s position in the freight car market.
The company operates through three divisions: freight car manufacturing, steel foundry, and component systems; rail and green energy infrastructure; and electrical infrastructure. It maintains seven manufacturing facilities across India, enhancing its operational capabilities.
