Texmaco Rail Q3: Profit Plunges 44%, Revenue Down 21.5%; Stock in Focus

• Texmaco Rail & Engineering Ltd reported a 44.2% year-on-year net profit decline to Rs 42.8 crore in Q3.
• Revenue fell by 21.5% to Rs 1,041 crore, down from Rs 1,326 crore in the same quarter last year.
• EBITDA decreased by 32.6% to Rs 88.3 crore, with the EBITDA margin dropping to 8.5%.
• Despite weak Q3 results, the company secured new orders worth over Rs 126 crore from IVC Logistics and APL Logistics Vascor Automotive.
• Texmaco Rail shares closed up 1.97% on Monday, but have seen a 21.21% decline over the past year.