Texmaco Rail bags Rs 429-cr orders for wagon manufacturing
The orders include the manufacture and supply of one rake of BCFCM1 wagons along with one BVCM wagon worth Rs 30.98 crore from UltraTech Cement; 15 rakes comprising ACT1 and ACT3 wagons along with 15 BVCM wagons worth Rs 329.53 crore from Jujhar Logistics & Travels; and three rakes of ACT3 wagons along with three BVCM wagons worth Rs 68.04 crore from APL Logistics Vascor Automotive.
All three orders have been awarded by domestic entities. The first order is to be executed on or before 28 February 2027, while the second and third orders are to be executed in a phased manner, with completion scheduled on or before 31 December 2027.
Texmaco Rail & Engineering is an engineering and infrastructure company that is primarily engaged in manufacturing railway wagons, coaches, and locomotives, as well as providing related services. On a consolidated basis, the company's net profit rose 66.86% to Rs 50.04 crore while net sales declined 16.90% to Rs 756.68 crore in Q1 June 2026 over Q1 June 2025.
Shares of Texmaco Rail & Engineering rose 0.69% to Rs 104.21 on the BSE.
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