Indo-Tech Transformers Secures INR 62.93 Crore Order for 6 High-Capacity Transformers
Indo Tech Transformers has received a Letter of Award for supplying six high-capacity transformers, each with 175, 220/33-33kV MVA capacity. The order, valued at INR 62.93 crores excluding taxes, is from a domestic client. Delivery is scheduled in two phases: four units in July 2026 and two in October 2026. The company confirmed no promoter interest or related party transactions in this deal. This order significantly boosts Indo-Tech's order book and showcases its capability in manufacturing high-capacity transformers for the domestic market.
04Jul 25
Indo Tech Transformers Secures Court Order Against Trade Unions
Indo Tech Transformers has obtained a temporary injunction order from the Madras High Court against three trade unions. The order restrains the unions from interfering with the company's operations and prohibits them from instigating employees to participate in illegal strikes or protests. This legal action aims to ensure uninterrupted production, protect the workforce, and maintain a stable work environment.
02Jul 25
Indo Tech Transformers Takes Preemptive Action Against Potential Trade Union Issues
Indo Tech Transformers has taken preemptive legal action to address potential challenges with trade unions at its Kancheepuram facility. The company aims to protect its interests and assets, demonstrating a proactive approach to labor relations management. While specific details remain undisclosed, this move could impact investors, employees, and customers. The situation's development and its potential effects on operations and stakeholder confidence will be closely monitored.
Indo Tech Transformers' Q4 financial results show a 20% increase in revenue to ₹2.10 billion, but a 17.9% decrease in net profit to ₹210.00 million. EBITDA fell by 22.2% to ₹207.00 million, with EBITDA margin contracting from 15.25% to 10.03%. The company faces challenges in maintaining operational efficiency and profitability despite strong sales growth.