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Texmaco Infrastructure & Holdings Consol PAT Rises 1983.33% in Q4 FY24

May 14, 2024

By: BlinkX Research Team

Texmaco Infrastructure & Holdings reported a 1983.33% increase in its consolidated net profit of 2.50 crore rupees in Q4 FY24. A significant jump from the 0.12 crore rupees recorded for the quarter ended March 2023. 

Key Takeaways from Texmaco Infrastructure & Holdings’ Performance: 

• Consolidated net profit surged 1983.33% to 2.50 crore rupees in Q4 FY24.
• Revenue dipped .53% to 3.43 crore rupees in the quarter ended March 2024.
• BoD recommends a dividend of Rs 0.15 per share.

However, revenue from operations declined 18.53% to 3.43 crore rupees in the quarter ending March 2024 compared to 4.21 crore rupees during the corresponding quarter ending March 2023.

Further, Texmaco Infrastructure & Holdings announced that the board of directors of the company has recommended a final dividend of Rs 0.15 per share, with the approval of shareholders.

About Texmaco Infrastructure & Holdings:

Texmaco Infrastructure & Holdings was founded in 1939 as Texmaco Limited and continued as a part of KK Birla Group. It is presently dealing in the business of real estate, mini hydel power and investments. 

Currently, the company is operating a Mini-Hydel at Neora, Kalimpong District West Bengal with its outlook of real estate foray in Delhi and Kolkata.

Read More About Texmaco Infrastructure & Holdings Ltd Share Price Here!