Transformers & Rectifiers India's Q1 FY 2026-27 Quarterly Results

Result Summary

• Transformers & Rectifiers India Ltd reported a 26.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 7.1%.
• Its expenses for the quarter were down by 27.0% QoQ and up 9.0% YoY.
• The net profit decreased 29.7% QoQ and decreased 4.7% YoY.
• The earnings per share (EPS) of Transformers & Rectifiers India Ltd stood at 2.05 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Transformers & Rectifiers India Ltd is a company engaged in the manufacturing of transformers and related electrical equipment. The company operates within the electrical engineering industry, focusing on the production of transformers for various applications including power, distribution, and industrial transformers. It supplies its products to various sectors including utilities, power generation companies, industries, and infrastructure developers. While specific recent developments for the company are not available in this report, Transformers & Rectifiers India Ltd is recognized for its role in electrical infrastructure development, both domestically and potentially in international markets.

Revenue

In the first quarter of fiscal year 2027, Transformers & Rectifiers India Ltd reported a total income of ₹588.65 crores. This represents a decrease of 26.9% from the preceding quarter, Q4 of fiscal year 2026, where the total income was ₹805.04 crores. However, when compared year-over-year, from Q1 of fiscal year 2026, which had a total income of ₹549.64 crores, there is a notable increase of 7.1%. This quarterly decline versus the annual growth highlights a fluctuation in revenue generation, which could be attributed to seasonal variations or other operational factors within the company’s business cycle.

Profitability

Profitability metrics for Q1 FY27 show a profit before tax of ₹88.03 crores, which is a 26.3% decrease from the previous quarter (Q4 FY26) where it was ₹119.47 crores. Compared to the same quarter in the previous year, Q1 FY26, where the profit before tax was ₹90.48 crores, there is a slight decline of 2.7%. The profit after tax for Q1 FY27 stood at ₹64.29 crores, which is a 29.7% drop from the ₹91.39 crores recorded in Q4 FY26 and a 4.7% decrease from ₹67.46 crores in Q1 FY26. Earnings per share for the current quarter are ₹2.05, down 32.6% from the previous quarter's ₹3.04 and an 8.5% decrease from ₹2.24 in the same quarter of the previous year. This data reflects a contraction in profitability over both the quarter-on-quarter and year-on-year comparisons.

Operating Metrics

The total expenses for Q1 FY27 were ₹500.62 crores, a reduction of 27.0% from the ₹685.57 crores recorded in Q4 FY26. When compared to the same quarter last year, Q1 FY26, which had total expenses of ₹459.16 crores, there is an increase of 9.0%. The tax expense for the current quarter is ₹23.74 crores, representing a 15.5% decrease from the previous quarter’s tax expense of ₹28.08 crores, and a 3.1% increase from the ₹23.02 crores reported in the same quarter of the previous year. These figures indicate adjustments in expenditure and taxation that affect the company's operating efficiency and financial outcomes.