Mumbai, Aug. 13 -- According to the company, the order is scheduled to be executed on or before 31 March 2027. The company has clarified that the order does not constitute a related-party transaction and that neither its promoters nor members of the promoter group have any interest in the order.

Texmaco Rail & Engineering (TEXMACO), part of the Adventz Group, is engaged in railway and infrastructure businesses through its Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure-Electrical segments.

The company reported a 70.57% year-on-year (YoY) increase in consolidated net profit to Rs 50.03 crore in Q1 FY27 from Rs 29.33 crore in the corresponding quarter last year. Revenue from operations, however, declined 16.90% YoY to...