India's Transformers And Rectifiers jumps after quarterly profit doubles

Transformers and Rectifiers (India)

14/10/2026 05:10

** Shares of Transformers And Rectifiers (India) TRNF.NS rise 13.3% to 344.50 rupees, set to gain for fourth straight session
** Transformer manufacturer's Q2 consol net profit more than doubled from year ago to 798 mln rupees ($8.4 mln); revenue up 60.7% Y/Y
** Q2 order inflow surged 97% Y/Y to 11.69 bln rupees
** Un-executed order book stood at 72.37 bln rupees as on Sept 30, up 32% Y/Y
** "we remain on track to achieve our FY27 guidance," co's CEO Satyen Mamtora said
** YTD, TRNF up ~21%

($1 = 95.0000 Indian rupees)

 (Reporting by Vijay Malkar)
 ((VijayDattaram.Malkar@thomsonreuters.com;))