Texmaco Rail and Engineering Ltd consolidated Q2 FY2024 net profit higher at Rs. 24.64 crores

Texmaco Rail & Engineering Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 810.4059 crores during the period ended September 30, 2023 as compared to Rs. 692.5564 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 24.6494 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 12.7520 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 0.76 for the period ended September 30, 2023 as compared to Rs. 0.40 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 810.4059 crs	₹692.5564 crs	17.02%
Net Profit	₹24.6494 crs	₹12.7520 crs	93.30%
EPS	₹0.76	₹0.40	90.00%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 810.4059 crores during the period ended September 30, 2023 as compared to Rs.494.6589 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.24.6494 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.15.4361 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.0.76 for the period ended September 30, 2023 as compared to Rs.0.48 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 810.4059 crs	₹494.6589 crs	63.83%
Net Profit	₹24.6494 crs	₹15.4361 crs	59.69%
EPS	₹0.76	₹0.48	58.33%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.1502.9623 crores during the 6 Months period ended September 30, 2023 as compared to Rs.797.1722 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.37.4014 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.-5.1076 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.1.16 for the 6 Months period ended September 30, 2023 as compared to Rs.-0.16 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹1502.9623 crs	₹797.1722 crs	88.54%
Net Profit	₹37.4014 crs	₹-5.1076 crs	832.27%
EPS	₹1.16	₹-0.16	825.00%

Shares of Texmaco Rail & Engineering Limited was last trading in BSE at Rs. 133.85 as compared to the previous close of Rs. 126.35. The total number of shares traded during the day was 360907 in over 5220 trades.

The stock hit an intraday high of Rs. 135.05 and intraday low of 125.05. The net turnover during the day was Rs. 47601785.00.

Source : Equity Bulls

Keywords

TexmacoRailandEngineering Q2FY24 H1FY24 ResultUpdate