Transformers and Rectifiers India Secures Major Export Order, Boosts Global Presence

Transformers and Rectifiers (India) Ltd has clinched a significant export order worth US$23.59 million (approximately ₹1.66 billion) from the Transmission Company of Nigeria. This order marks a crucial step in the company's international expansion strategy. The deal follows a strong Q3 FY25 performance, where the company reported a 252.92% surge in net profit to ₹55.48 crore. With an unexecuted order book of ₹2,926 crores as of June 2024 and ongoing capacity expansions, Transformers and Rectifiers is poised for substantial growth in the power infrastructure sector, both domestically and globally.

Sources: Investing.com, Transformers and Rectifiers Investor Presentation, Capital Market