Stocks News
Transformers and Rectifiers Q3 Results: Net profit rises to Rs 15.72 crore
Transformers and Rectifiers (India) Ltd on Monday reported an 11.33 per cent rise in consolidated net profit at Rs 15.72 billion for the December quarter on the back of higher income. The company in a statement said that it recorded a consolidated net profit of Rs 14.12 billion during the October-December period of fiscal 2022-23.
During the third quarter, the company’s total revenue increased to Rs 371.02 crore against Rs 335.57 crore.
Transformers & Rectifiers (India) Ltd is a leading manufacturer of a wide range of Transformers for domestic and international markets.