Texmaco Infrastructure Announces Financial Results for Quarter Ended June 30, 2026; Approves Further Investment in Subsidiary
Texmaco Infrastructure & Holdings Limited announced its unaudited financial results and key corporate decisions following a Board meeting held on August 3, 2026. The company approved further investment in its wholly owned subsidiary, High Quality Steels Limited (HQSL), and initiated changes to its governing documents.The Board reviewed the Unaudited Financial Results for the quarter ended June 30, 2026, covering both standalone and consolidated performance. These results were presented alongside a Limited Review Report and are reflective of the company's operations across various segments, including Real Estate, Hydro, Trading Goods, Job Work Services, and Other-Unallocated activities.
Key Financial Highlights (Quarter Ended June 30, 2026)
The consolidated financial standing reflected revenues totaling Rs. 174,601 lakh for the quarter, while the Company reported profits across various segments. The management noted that total assets stood at Rs. 133,087.19 million and total liabilities were reported at Rs. 76,286.5 million (in millions).A summary of key financial indicators is presented below:
| Metric | Standalone Performance | Consolidated Performance |
|---|---|---|
| Total Revenue from Operations | 22,551 lakh | 31,19 lakh |
| Total Income | 66,355 lakh | 411,082 lakh |
| Profit/Loss before Tax (Consolidated) | N/A | 13,37.00 lakh |
| Earnings per Share (Basic - Standalone) | 0.09 | N/A |
Further Investment in High Quality Steels Limited (HQSL)
The Board of Directors approved a transaction involving further investment into its wholly owned subsidiary, High Quality Steels Limited (HQSL). This capital infusion was achieved through the subscription of equity shares by the company.Details of the investment are as follows:
- Shares Subscribed: 16,36,500 Equity Shares
- Issue Price: Rs. 45 per share (Face Value Rs. 2.50 and Premium Rs. 42.50)
- Total Aggregate Investment: Rs. 7,36,42,500
HQSL is a company incorporated in 1964 that operates in the manpower supply and business services auxiliary industry. The transaction was conducted as a cash transaction, and HQSL remains a wholly owned subsidiary of Texmaco Infrastructure & Holdings Limited (Texmaco).
Corporate Governance Update
In addition to the operational updates and capital deployment, the Board meeting addressed corporate governance matters. The company approved the alteration of its existing Memorandum of Association (MOA) and Articles of Association (AOA). These changes involve the adoption of a new set of MOA and AOA to align with the prescribed format under the Companies Act, 2013.TEXINFRA Stock Price Movement
Today, shares of Texmaco Infrastructure & Holdings Limited edged higher to settle at ₹113.93 after closing, gaining 0.01%. The stock saw a total traded volume of 94,532 shares during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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