Transformers and Rectifiers share price rises ahead of Q3 results announcement

Transformers and Rectifiers share price: Shares of high-voltage transformer manufacturer Transformers & Rectifiers (India) Ltd rose on Thursday, January 8, as the company is set to announce earnings for the third quarter of the financial year 2025-26.

The stock was trading 0.72% higher at ₹323.50 per unit on the NSE at 9:38 am. Its market capitalisation stands at ₹9,710.36 crore.

The stock had hit its 52-week high of ₹648.9 per share on January 8, 2025, while its 52-week low was on December 11, 2025, at ₹230.10 apiece.

"We would like to inform you that the meeting of Board of Directors of the company will be held on Thursday, 8th January, 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 31st December, 2025," the company said in an exchange filing.

Last month, the company had secured a ₹53.33 crore order from Power Grid Corporation of India Limited for "repair, erection, testing, and commissioning of the 397 MVA HVDC converter transformer and related works." The delivery of transformers will take place in next financial year.

"It is an HVDC converter transformer order, and TARIL is the first Indian-origin private sector company to receive such an order. With this order TARIL will enter into the “unique club of HVDC transformer manufacturers of the world”. This opens major opportunities for the company in the HVDC segment," Transformers and Rectifiers had said.

Before that, it had received a ₹389.97 crore order from Gujarat Energy Transmission Corporation Ltd (GETCL) for the manufacturing of various types of transformers.

The company's total order book from GETCL stands at ₹493.42 crore.

In the September quarter of FY26, the company had posted a 0.32% decline in its consolidated revenue from operations to ₹460.03 crore. In the year-ago period, the revenue stood at ₹461.54 crore.

The net profit fell 18.64% to ₹37.35 crore in Q2 FY26, compared to ₹45.91 crore a year back.