Have healthy order book, delivery should pick up going ahead: Texmaco Rail

Texmaco Rail and Engineering has delivered a weak set of numbers with the company posting a net loss of Rs 8.3 crore. In an interview to CNBC-TV18, AK Vijay, CFO & ED of the company discussed their Q2 results in details and gave his outlook for the future.

Vijay said results were weak as company is in transformation phase.

He further said that Q3 results should improve and Q4 should be better.

On business front, he expect Indian Railway tender to be finalised in early November.

We have built a healthy order book and delivery should pick up going ahead, he mentioned.

Will see 30 percent from exports this year, he added.