Transformers and Rectifiers India rises on higher Q4 profit

Transformers and Rectifiers (India)

09/04/2025 08:09

** Shares of Transformers and Rectifiers (India) TRNF.NS up 5% to 518.7 rupees

** Power transformers maker reports more than doubled Q4 profit at 941.7 mln rupees ($10.88 mln)

** Revenue up 31.9% at 6.76 bln rupees

** Co beats Nuvama Institutional Equities' PAT estimates by 13%

** Order inquiries surged to 220 bln rupees vs 170 bln rupees at start of the year displaying robust ordering momentum - Nuvama

** More than 3.3 mln shares traded, 2.5x its 30-day moving avg

** TRNF trims YTD losses to about 9%

($1 = 86.5925 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru)

((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))