Texmaco Rail & Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
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Texmaco Rail & Engineering's board approved audited standalone and consolidated financial results for Q4 and full year ended March 31, 2025, with an unmodified auditor opinion from L.B. Jha & Co. For full-year FY25, standalone revenue from operations rose about 21% to Rs. 4,23,398 lakhs (from Rs. 3,50,287 lakhs), while standalone net profit jumped roughly 53% to Rs. 17,213 lakhs (from Rs. 11,269 lakhs), giving EPS of Rs. 4.31 vs Rs. 3.28. On a consolidated basis, revenue grew even sharper at about 46% to Rs. 5,10,657 lakhs and net profit more than doubled to Rs. 24,826 lakhs (from Rs. 11,427 lakhs). The board recommended a dividend of Re. 0.75 per share (75% on face value of Re. 1) subject to AGM approval. Other decisions include re-appointment of Chairman Saroj Kumar Poddar for 5 years, new 5-year appointment of M/s. S.R. & Associates as Secretarial Auditor, approval to amalgamate wholly-owned subsidiary Texmaco West Rail Ltd into the company, and a slump-sale transfer of the Infra-Rail & Green Energy division to another wholly-owned subsidiary Belgharia Engineering Udyog Pvt. Ltd.
Strong full-year performance with over 20% revenue growth and more than 50% standalone profit growth, supported by an unqualified audit opinion, is a positive signal for shareholders. The 75% dividend recommendation and ongoing consolidation of subsidiaries (Texmaco West Rail merger) point to management confidence, though the restructuring makes year-on-year consolidated comparisons non-comparable.