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The second contract, worth Rs 33.89 crore, has been received from Central Railway for the Ahmednagar'Beed'Parli new broad-gauge line. The order entails the design, manufacture, supply, erection, testing, and commissioning of a 132 kV/55 kV Scott-connected transformer system, to be executed within 12 months.
Texmaco Rail & Engineering, part of the Adventz Group, is a leading player in India's railway and infrastructure sector with operations spanning freight cars, infra-rail & green energy, and infra-electrical businesses.
The company reported a 49.87% decline in consolidated net profit to Rs 29.99 crore in Q1 FY26, compared to Rs 59.83 crore posted in Q1 FY25. Revenue from operations fell 16.32% year-on-year (YoY) to Rs 910.60 crore in the quarter ended 30 June 2025.
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