Athira Sethu
Kochi, 9 Jan 2026
Transformers & Rectifiers (India) Ltd reported impressive financial growth for Q3FY26, with a significant 34.93% increase in consolidated net profit, rising to ₹73.85 crore from ₹54.73 crore in the same period last year. This growth was primarily driven by operational efficiency and process optimisation. The company also saw a 31.71% year-on-year rise in revenue from operations, reaching ₹736.76 crore for the quarter, compared to ₹559.36 crore in Q3FY25. The surge in earnings reflects strong demand and robust performance, especially in the utilities, infrastructure, and industrial sectors. The company’s order book as of December 31, 2025, stood at an impressive ₹5,450 crore, with an optimistic revenue target of ₹2,600 crore for FY26.
However, its stock continued to remain under pressure amid leadership transition after the CEO of the company resigned.
| Key Financial Metric | Q3FY26 | Q3FY25 | YoY Change |
| Net Profit (₹ crore) | 73.85 | 54.73 | +34.93% |
| Revenue from Operations (₹ crore) | 736.76 | 559.36 | +31.71% |
| EBITDA (₹ crore) | 129.24 | 93.75 | +38% |
| EBITDA Margin | 17.54% | 16.76% | +78 bps |
| Order Book Status (₹ crore) | As of Dec 31, 2025 | Previous Quarter |
| Total Order Book | 5,450 | – |
(Source: Exchange Filing)
(Disclaimer: The information is for educational purposes only. Please consult your financial advisor before investing in stocks)
