Texmaco Wins Rs 1.22 Billion Railway Contract

05 Jun 2025 CW Team

Texmaco Rail & Engineering Ltd has secured a contract worth Rs 1.22 billion from the Mumbai Railway Vikas Corporation Limited (MRVC) for the design, supply, construction, installation, testing, and commissioning of traction transformers and associated infrastructure. This work will be executed along Mumbai's Western Railway, which also serves the city’s suburban rail network.

According to an exchange filing dated 3 June, the contract was awarded on 2 June 2025 and is to be completed within 30 months. This latest order strengthens Texmaco’s presence in urban rail electrification and infrastructure development.

In a separate development last week, the company announced it had received an additional order valued at Rs 1.4 billion for the manufacture and supply of eight rakes of flat multi-purpose wagons. This follows its February 2025 partnership with Polish technology firm Nevomo to pursue next-generation railway innovations under a signed Memorandum of Understanding (MoU).

Q4 FY25 Performance

In the fourth quarter of FY25, Texmaco reported a 12 per cent year-on-year decline in net profit, falling to Rs 400 million from Rs 450 million. However, revenues rose by 17.5 per cent to Rs 13.46 billion. The company’s EBITDA also saw a year-on-year increase of 14.7 per cent, reaching Rs 976 million.

Share Performance

On 3 June, Texmaco shares declined by 0.48 per cent, closing at Rs 159.25. Despite the daily dip, the stock has gained 14.68 per cent over the past month, with its current value standing at Rs 160.66 per share.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..