Transformers and Rectifiers Secures ₹7.26 Billion Order, Boosts Growth Prospects

Transformers and Rectifiers (India) Ltd has secured significant orders totaling ₹7.26 billion, reinforcing its position in the transformer manufacturing sector. Recent orders include a ₹362 crore deal for EHV power transformers from major domestic companies like Power Grid Corporation and Adani Energy Solutions. The company has also secured international orders from clients in Iraq and Australia. These contracts are set to be delivered by the next financial year, ensuring a stable revenue stream and enhancing the company's global market presence.

 

Source: NSE, BSE, Reuters, Business Standard