Texmaco Rail Q3 Profit Plunges 44.2%, Revenue Down 21.5%

• Texmaco Rail & Engineering reported a net profit of ₹42.8 crore in Q3, a 44.2% decline year-on-year.
• Revenue for the quarter fell 21.5% to ₹1,041 crore compared to ₹1,326 crore last year.
• EBITDA decreased by 32.6% to ₹88.3 crore, with the margin at 8.5%.
• The company recently secured two domestic orders worth over ₹126 crore for freight wagons.
• Orders include contracts from IVC Logistics (₹62.21 crore) and APL Logistics Vascor Automotive (₹64.06 crore), to be completed by August and September 2026, respectively.