Transformers and Rectifiers (India) shares Q3 earnings schedule; stock jumps over 9%. Details to know

Shares of the company, in the early trade, rallied as much as 9.27% to hit a high of ₹311.70 apiece on the NSE.

In its regulatory filing on Wednesday, the company said its board meeting will be held on Thursday, January 8, 2026, inter alia, to consider and approve the unaudited standalone and consolidated financial results of the company for the quarter and nine months ended on December 31, 2025.

The filing added, "We would further like to inform you that as per the Code of Conduct for the prevention of insider trading, the trading window will open from 11th January, 2026, for all connected persons/designated persons and their immediate relatives and other insiders under the PIT Regulations."

About TARIL

Transformers & Rectifiers (India) Limited (TARIL) is a leading Ahmedabad-based manufacturer of power, distribution, furnace, and speciality transformers, established in 1981, known for high-voltage solutions for power, railways, and industry, operating state-of-the-art facilities, and holding significant market share in India for various transformer types, focusing on innovation, quality, and customer satisfaction.

Transformers and Rectifiers (India) Q2 FY26 earnings

The company reported soft numbers for Q2 FY26.

According to news reports, on a consolidated basis, revenue from operations stood at ₹460 crore, nearly unchanged from ₹462 crore in Q2 FY25. Profit after tax (PAT) fell 19% YoY to ₹37.5 crore, with PAT margin narrowing to 7.9%, down from 9.7% last year. Profit before tax (PBT) declined 29% YoY to ₹45.3 crore, compared with ₹64.1 crore in Q2 FY25.

Operating performance weakened, with EBITDA falling 19% YoY to ₹65.4 crore, compared with ₹81 crore last year, as total operating expenses rose 4% YoY to ₹408.5 crore. The EBITDA margin contracted to 13.8%, from 17.1% in the previous year, reflecting cost pressures from wage inflation.

Employee benefit expenses more than doubled to ₹26 crore from ₹12 crore in Q2 FY25, marking a 116% YoY jump, while material costs eased slightly by 2% to ₹315 crore. Other expenses rose 15% to ₹67 crore.

On the operational front, the company reported an unexecuted order book of ₹5,472 crore, along with a new order inflow of ₹592 crore during the quarter, news reports said.

Transformers and Rectifiers (India) Ltd share price trend

Shares of the company have rallied over 3.6% over the past five sessions and 16% in the past 30 days. However, the stock price has slipped 35% in six months, nearly 49% YTD.