Mumbai, April 21 Transformers and Rectifiers (India) Limited on Tuesday reported a 5.18 per cent decline in its consolidated net profit for the quarter ended March 2026 (Q4 FY26).
The company posted a net profit of Rs 89.28 crore during the quarter, compared to Rs 94.16 crore in the corresponding period last year (Q4 FY25), as per its regulatory filing.
The Board of Directors has recommended a dividend of Rs 0.25 per equity share of face value Rs 1 each, subject to approval by shareholders at the upcoming Annual General Meeting.
Headquartered in Ahmedabad, Transformers & Rectifiers (India) Limited, also known as TARIL, is a key player in the heavy electrical equipment space, specialising in manufacturing high-capacity power, distribution, and furnace transformers.
The company has a total manufacturing capacity exceeding 75,000 MVA per annum and produces transformers up to the 1,200 kV class, catering to sectors such as steel, railways, utilities, and renewable energy.
With over four decades of experience, TARIL operates three manufacturing facilities and has built a presence in both domestic and global markets.
Its product portfolio includes power transformers of up to 1,000 MVA, distribution transformers up to 10 MVA, furnace transformers up to 120 kA, and rectifier transformers up to 160 kA DC, which are used in heavy industrial applications like electrolysis and smelting.
The company has been witnessing strong demand amid rising investments in infrastructure and renewable energy projects in India.
It is also pursuing capacity expansion and aims to scale up its revenue to $1 billion over the next three years, with a focus on high-margin, specialised transformer segments.
The shares of the firm were up by Rs 13.65 or 4.25 per cent. In last five days, the shares were up by Rs 35.50 or 11.85 per cent.
In last one month, the stock has delivered a positive return of Rs 65.60 or 24.35 per cent.
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