Transformers and Rectifiers soars on bagging order worth Rs 186 crore

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Capital Market
Last Updated : Jun 10 2022 | 3:05 PM IST

Transformers and Rectifiers (India) jumped 6.86% to Rs 31.15 after the company said that it has been awarded orders of transformers for total contract value of Rs 186 crore from one of the State Utility.

With this order, the company's order book as on date stands at Rs 1,482 crore.

Transformers & Rectifiers India is engaged in a manufacturer of power, furnace and rectifier transformers.

The company's consolidated net profit declined 80.03% to Rs 1.31 crore despite 19.57% rise in sales to Rs 339.31 crore in Q4 FY22 over Q4 FY21.

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First Published: Jun 10 2022 | 2:36 PM IST

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