Texmaco Infrastructure & Holdings Limited has informed the Exchange about change in Management
TEXINFRA · price
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Awaiting price reaction for this filing.
The Board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with the statutory auditor issuing an unmodified opinion. On a standalone basis, the company swung to a net profit of Rs 1,256.42 lakhs in FY25 from a loss of Rs 117.18 lakhs in FY24, though total comprehensive income was deeply negative at Rs (34,322.96) lakhs due to mark-to-market losses on investments. Consolidated results turned to a net loss of Rs 1,131.49 lakhs versus a profit of Rs 251.17 lakhs last year. The Board recommended a 15% dividend (Re 0.15 per share on a Re 1 face value), subject to shareholder approval. It also appointed Mr. Arvind Kumar Chaubey as Manager for three years and M/s. S.R. & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30).
The headline standalone turnaround is positive, but the consolidated loss and massive negative other comprehensive income largely driven by investment valuation suggest underlying performance remains weak, which may temper investor enthusiasm despite the small dividend and stable governance continuity.