Texmaco 2011-12 net at Rs. 93.1 cr

The gross turnover of Texmaco Rail and Engineering Limited, a "ADVENTZ" Group Company, for 2011-12 was at Rs. 945 crore.

The gross turnover of Texmaco Rail and Engineering Limited, a "ADVENTZ" Group Company, for 2011-12 was at Rs. 945 crore.

HT Image

The gross profit for the year and profit before tax (PBT) were lower at Rs. 145.4 crore and Rs. 136.3 crore respectively.

The net profit was Rs. 93.1 crore, after providing for a tax liability of Rs. 43.20 crore. The current order book position of the company stands at Rs. 1,528 crore.

The Board has recommended a dividend of 100% on the equity shares of the company, same as that of last year, a press statement said.