Transformers and Rectifiers bags orders worth Rs 84 cr from GE T&D
POWER & RENEWABLE ENERGY

Transformers and Rectifiers bags orders worth Rs 84 cr from GE T&D

Transformers and Rectifiers (India) Ltd, has been awarded third party export orders of transformers worth Rs 84 crore from GE T&D India Ltd.

The orders fall within the regular course of business. With this order, the company’s order book as of now stands around Rs 1,121 crore.

Established in 1994, Transformers & Rectifiers (India) Ltd has set its mark in the Indian transformer industry as a manufacturer of a wide range of transformers, which adhere to the quality expectations of both the domestic and the international market.

Shares of Transformers and Rectifiers (India) Ltd, last trading in BSE, was at Rs 29.6 per unit compared to the earlier close of Rs 26.75 per unit. The total shares traded during the period was 5,04,260 in over 2021 trades.

The stock price per unit hit an intraday high of Rs 31 and also an intraday low of Rs 26.8. The net turnover of the day was Rs 1,45,83,140.

Net profit of Transformers and Rectifiers (India) stood at Rs 6.56 crore in the quarter ended March 2021 as against a net loss of Rs 2.12 crore during the previous quarter ended March 2020. Sales increased 73.97% to Rs 283.78 crore in the quarter ended March 2021 as against Rs 163.12 crore during the previous quarter ended March 2020.

Image Source


Also read: PGCIL to invest Rs 22.20 bn in power transmission network

Also read: India takes major step towards creation of regional power grid

Transformers and Rectifiers (India) Ltd, has been awarded third party export orders of transformers worth Rs 84 crore from GE T&D India Ltd. The orders fall within the regular course of business. With this order, the company’s order book as of now stands around Rs 1,121 crore. Established in 1994, Transformers & Rectifiers (India) Ltd has set its mark in the Indian transformer industry as a manufacturer of a wide range of transformers, which adhere to the quality expectations of both the domestic and the international market. Shares of Transformers and Rectifiers (India) Ltd, last trading in BSE, was at Rs 29.6 per unit compared to the earlier close of Rs 26.75 per unit. The total shares traded during the period was 5,04,260 in over 2021 trades. The stock price per unit hit an intraday high of Rs 31 and also an intraday low of Rs 26.8. The net turnover of the day was Rs 1,45,83,140. Net profit of Transformers and Rectifiers (India) stood at Rs 6.56 crore in the quarter ended March 2021 as against a net loss of Rs 2.12 crore during the previous quarter ended March 2020. Sales increased 73.97% to Rs 283.78 crore in the quarter ended March 2021 as against Rs 163.12 crore during the previous quarter ended March 2020. Image SourceAlso read: PGCIL to invest Rs 22.20 bn in power transmission network Also read: India takes major step towards creation of regional power grid

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code