Transformers & Rectifiers net profit dips slightly to ₹64.34 cr in Q1
AI Summary
Transformers & Rectifiers (India) Ltd reported a slight decline in net profit to ₹64.34 crore for Q1 FY27, down from ₹67.54 crore a year earlier, primarily due to increased raw material costs linked to geopolitical tensions. However, the company saw an 8% year-on-year revenue growth, reaching ₹572.34 crore, and a significant increase in order inflows, which rose 218% to ₹2,114 crore, contributing to a robust unexecuted order book of ₹6,630 crore, indicating strong future revenue potential.
Transformers & Rectifiers (India) Ltd has reported a slight dip in its net profit to Rs 64.34 crore in the June quarter from ₹67.54 crore in the year-ago period, citing higher raw material costs due to geopolitical tensions.
In the first quarter of FY27, the company reported revenue from operations at ₹572.34 crore, compared to Rs 529 crore in the corresponding quarter of the previous year, registering an 8 per cent year-on-year growth, a company statement said.
According to the statement, Profit After Tax (PAT) stood at ₹64.34 crore, compared to ₹67.54 crore recorded in Q1 FY26.
It explained that the year-on-year movement in PAT was primarily impacted by higher raw material costs arising from ongoing geopolitical tensions, which affected input prices during the quarter.
The company continues to focus on disciplined execution, operational efficiency and long-term value creation through sustained investments in manufacturing capabilities, it stated.
Operational momentum remained robust, with order inflows increasing 218 year-on-year to ₹2,114 crore during the quarter, it stated.
As of June 30, 2026, the company's unexecuted order book reached a record ₹6,630 crore, representing a 26 per cent year-on-year increase and providing healthy revenue visibility over the coming quarters, it added.
Original Article
Published on Hindu BusinessLine