Transformers and Rectifiers Q4 Net Profit Falls to ₹914M, Revenue Rises to ₹7.83B
Transformers and Rectifiers (India) Limited announced mixed Q4 consolidated results with net profit declining to ₹914 million from ₹942 million year-over-year, while revenue demonstrated strong growth rising to ₹7.83 billion from ₹6.7 billion. The company also reported EBITDA of ₹1.2 billion with margin compression to 15.14% from 19.4% in the previous year.

*this image is generated using AI for illustrative purposes only.
Transformers & Rectifiers (India) Limited has announced its consolidated financial performance for the fourth quarter, presenting a mixed picture with revenue growth offset by declining profitability. The company reported a consolidated net profit of ₹914 million compared to ₹942 million in the corresponding period of the previous year, representing a year-over-year decline. However, the company demonstrated strong top-line growth with revenue increasing to ₹7.83 billion from ₹6.7 billion in the previous year.
Q4 Financial Performance
The latest consolidated financial results reveal contrasting trends for the power equipment manufacturer. While the company achieved significant revenue growth, profitability metrics showed pressure across key indicators:
| Metric: | Q4 Current Year | Q4 Previous Year | Change |
|---|---|---|---|
| Consolidated Net Profit: | ₹914 million | ₹942 million | Decline |
| Revenue: | ₹7.83 billion | ₹6.7 billion | Growth |
| EBITDA: | ₹1.2 billion | ₹1.31 billion | Decline |
| EBITDA Margin: | 15.14% | 19.4% | -4.26 percentage points |
The revenue growth of over 16% demonstrates the company's ability to expand its business operations and market reach, while the decline in net profit and EBITDA suggests margin compression during the quarter.
Board Meeting and Results Announcement
The company had previously scheduled its board meeting for April 21, 2026, to consider and approve the audited financial results for the financial year ended March 31, 2026. The meeting agenda included consideration of both standalone and consolidated financial results for Q4 and the full financial year.
| Board Meeting Details: | Information |
|---|---|
| Meeting Date: | April 21, 2026 |
| Key Agenda: | Audited financial results approval |
| Dividend Consideration: | Final dividend recommendation for FY26 |
| Trading Window Reopening: | April 24, 2026 |
Regulatory Compliance
The financial results announcement follows the company's earlier notification to stock exchanges about the board meeting, which was issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company maintains compliance with mandatory disclosure requirements, ensuring transparency for stakeholders and investors.
The trading window for connected persons and designated individuals was scheduled to reopen on April 24, 2026, following the completion of the results announcement process.
Historical Stock Returns for Transformers & Rectifiers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.50% | +1.90% | -6.81% | +1.92% | -37.92% | +2,388.78% |
What strategic measures will Transformers & Rectifiers implement to reverse the 4.26 percentage point EBITDA margin decline in upcoming quarters?
How might the ongoing margin compression affect the company's ability to compete for large-scale power infrastructure projects in India's renewable energy sector?
Will the company consider raising product prices or restructuring operations to restore profitability levels seen in the previous year?


































