Texmaco Rail reported a decent quarterly performance. The steel foundry division did well but heavy engineering division still remains under pressure.
AK Vijay, CFO and ED, Texmaco Rail said the first 3 quarters of the last financial year were not so good. However, the business picked up in Q4. "Orderbook is healthy and all segments are showing positive development."
First Published: May 16, 2018 2:07 PM IST