Texmaco Rail and Engineering Limited posted strong financial results for the quarter ended December 31, 2024 (Q3 FY25), with a consolidated net profit of Rs 69.58 crore, marking a 136% year-on-year (YoY) growth from Rs 29.36 crore in Q3 FY24. The profit surge was driven by robust revenue growth and improved cost efficiencies.
Key financial highlights for Q3 FY25 (Consolidated):
- Total income: Rs 1,33,423 crore, up 48% YoY from Rs 90,537 crore.
- Revenue from operations: Rs 1,32,613 crore, compared to Rs 89,643 crore in Q3 FY24.
- Profit before tax: Rs 93.13 crore, significantly higher than Rs 52.25 crore YoY.
- Net profit: Rs 69.58 crore, up from Rs 29.36 crore YoY.
Expense highlights:
- Total expenses: Rs 1,24,109 crore, compared to Rs 85,672 crore YoY due to higher input costs.
- Cost of materials consumed: Rs 1,05,919 crore, reflecting an increase from Rs 72,405 crore in Q3 FY24.
- Employee benefits expense: Rs 4,408 crore, up from Rs 3,612 crore.
Sequential performance (Q3 FY25 vs. Q2 FY25):
- Total income: Rs 1,33,423 crore, compared to Rs 1,36,235 crore in Q2 FY25.
- Net profit: Rs 69.58 crore, up from Rs 67.42 crore in the previous quarter.
Texmaco Rail’s robust YoY growth is attributed to increased order execution in its rail and engineering segments. The company’s strong order book and focus on cost management are expected to sustain its momentum.
