Texmaco Infrastructure & Holdings , a diversified company with interests in real estate, mini hydro power, and job work services, has reported a remarkable financial performance for the first quarter.

Profit Soars

The company's net profit for the quarter skyrocketed to Rs 34.01 crore, marking an impressive 836% increase from Rs 3.64 crore in the corresponding quarter of the previous year. This substantial growth in profitability underscores the company's strong financial position and operational efficiency.

Revenue Growth

Texmaco Infrastructure's revenue from operations also showed positive momentum, growing by 7% to Rs 40.49 crore compared to the same period last year. This growth indicates the company's ability to expand its business activities and capture market opportunities effectively.

Segment Performance

The company's performance across its business segments was mixed:

1. Mini Hydro: This segment emerged as a star performer, with revenue surging by 61% to Rs 7.92 crore. The significant growth in this segment highlights the company's successful expansion in the renewable energy sector.

2. Real Estate: The real estate segment also showed strong growth, with revenue increasing by 10% to Rs 17.91 crore. This growth reflects the company's ability to capitalize on opportunities in the property market.

3. Job Work Services: This segment experienced a decline of 11%, with revenue dropping to Rs 16.39 crore.

Other Income Boosts Profitability

A significant contributor to the company's profit growth was the surge in other income, which increased by 252% to Rs 60.77 crore. This substantial rise in other income played a crucial role in boosting the company's overall profitability.

Balance Sheet Strengthens

Texmaco Infrastructure's balance sheet showed considerable improvement:

These figures indicate a strengthening financial position and increased shareholder value.

Earnings Per Share

The company's earnings per share (EPS) improved significantly to Rs 0.26 from Rs 0.03 in the previous year, reflecting the substantial increase in profitability.

Management Approval

The unaudited financial results for the quarter were reviewed by the Audit Committee and approved by the Board of Directors. The Statutory Auditors have issued a limited review report with an unmodified opinion on these results.

Texmaco Infrastructure & Holdings Limited's strong performance, particularly in its Mini Hydro and Real Estate segments, coupled with significant growth in other income, has positioned the company for potential continued success in the coming quarters.

Texmaco Infrastructure & Holdings has announced the resignation of its Company Secretary and Compliance Officer, Neha Singh. The company disclosed this information in a recent filing with the stock exchanges.

Resignation Details

According to the company's statement, Neha Singh has tendered her resignation from her position as Company Secretary and Compliance Officer, along with all other statutory and designated positions she held within the organization. Singh's decision to step down is attributed to her pursuit of new opportunities outside the company.

Effective Date

The resignation will take effect from the close of business hours on August 11, 2025. This gives the company a brief transition period to manage the change in this key position.

Company's Response

Texmaco Infrastructure & Holdings Limited acknowledged Singh's resignation in its regulatory filing. The company's Chief Financial Officer, Ganesh Gupta, signed the official communication to the stock exchanges, indicating the management's awareness and acceptance of the resignation.

Professional Background

While specific details about Neha Singh's tenure with Texmaco Infrastructure were not provided, it was noted that she holds an ICSI Membership number F10596, highlighting her professional qualifications as a Company Secretary.

Next Steps

The company is expected to initiate the process of finding a suitable replacement for the position of Company Secretary and Compliance Officer. As part of the transition, Texmaco Infrastructure will need to file the necessary forms with the Registrar of Companies, Ministry of Corporate Affairs, and provide intimation to the stock exchanges regarding this change in key managerial personnel.

Texmaco Infrastructure & Holdings Limited, part of the Adventz group, is listed on both the National Stock Exchange of India and BSE Limited. Investors and stakeholders will be keen to see how the company manages this transition in its key compliance role.