The Board of Directors of Transformers and Rectifiers (India) Limited (TRIL) met on April 21, 2026, to approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The company reported a consolidated revenue of ₹752.33 Crores for the current quarter, representing a growth of 6.83% compared to ₹704.21 Crores in the previous quarter (QoQ) and a 16.22% increase from ₹647.31 Crores in the same quarter last year (YoY). The standalone net profit before tax reached ₹301.84 Crores for the full financial year ending March 31, 2026, compared to ₹247.45 Crores in the previous year. Additionally, the board recommended a dividend of 25%, amounting to ₹0.25 per equity share.

Transformers and Rectifiers (India) Limited, incorporated in 1994 and headquartered in Ahmedabad, Gujarat, is a leading manufacturer of a wide range of transformers, including power, furnace, and rectifier units. In 2025, the company secured significant domestic orders, including a ₹103.45 Crore contract from Gujarat Energy Transmission Corporation Ltd (GETCO) for 54 transformers and a ₹53.33 Crore order from Power Grid Corporation of India for HVDC converter transformers. Furthermore, in March 2025, the company expanded its industrial footprint through a merger with Posco Poggenamp Electrical Steel. TRIL continues to be a prominent player in the power infrastructure sector, with notable institutional investors such as Goldman Sachs, Invesco, and Norges Bank maintaining stakes in the company.