Texmaco Rail & Engineering announced that the Board of Directors of the Company at its meeting held on 17 June 2020, has recommended a Final dividend of Rs.0.10 per share (i.e.10%), subject to the approval of the shareholders.

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Net loss of Texmaco Rail & Engineering reported to Rs 103.36 crore in the quarter ended March 2020 as against net profit of Rs 31.88 crore during the previous quarter ended March 2019. Sales declined 33.91% to Rs 433.68 crore in the quarter ended March 2020 as against Rs 656.21 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 64.83 crore in the year ended March 2020 as against net profit of Rs 75.44 crore during the previous year ended March 2019. Sales declined 1.42% to Rs 1831.80 crore in the year ended March 2020 as against Rs 1858.16 crore during the previous year ended March 2019.

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Net loss of Texmaco Rail & Engineering reported to Rs 98.70 crore in the quarter ended March 2020 as against net profit of Rs 33.14 crore during the previous quarter ended March 2019. Sales declined 33.87% to Rs 433.66 crore in the quarter ended March 2020 as against Rs 655.77 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 65.84 crore in the year ended March 2020 as against net profit of Rs 75.28 crore during the previous year ended March 2019. Sales declined 1.42% to Rs 1831.80 crore in the year ended March 2020 as against Rs 1858.16 crore during the previous year ended March 2019.

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Texmaco Rail & Engineering will hold a meeting of the Board of Directors of the Company on 17 June 2020.

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