Mumbai, May 8 -- The project entails design, supply, installation, testing, and commissioning of ballastless track and connections of standard gauge in the elevated section of Phase 2 corridor of the Kochi Metro Rail Project.

The order is to be executed within 16 months from the date of the letter of acceptance and does not involve any related party or promoter group interest.

Texmaco Rail & Engineering (TEXMACO) is a listed company and part of the Adventz Group. Texmaco is a key player in the railway and infrastructure sector. It operates across three business segments: Freight Cars, Rail Infrastructure & Green Energy, and Infrastructure - Electrical.

The company reported a 44.65% decline in consolidated net profit to Rs 42.27 crore i...