Transformers and Rectifiers (India) Ltd. (TARIL) announced strong Q3 FY26 results with revenue from operations at ₹736.76 Cr, a 32% YoY increase. EBITDA reached ₹129 Cr, up 38% YoY, with a margin of 17.54%. Profit After Tax (PAT) stood at ₹76.00 Cr, a 37% increase. The company’s order book reached ₹5,450 crore, and it secured new orders worth ₹665 crore during the quarter.
Financial Performance Q3 FY26
Transformers and Rectifiers (India) Ltd. (TARIL) reported significant growth in its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
Key Financial Highlights (Consolidated)
Revenue from operations stood at ₹736.76 Cr, reflecting a 32% increase compared to ₹559.36 Cr in Q3 FY25. The company’s EBITDA reached ₹129.24 Cr, a substantial increase from ₹93.75 Cr in the previous year. Consequently, the EBITDA margin improved to 17.54%. Profit After Tax (PAT) showed a healthy increase, reaching ₹76.00 Cr.
Key Financial Highlights (Standalone)
Standalone revenue from operations was reported at ₹704.21 Cr, a 29% increase from ₹545.31 Cr in Q3 FY25. The company’s EBITDA reached ₹114.00 Cr with an EBITDA margin of 16.19%. Profit After Tax (PAT) registered at ₹71.08 Cr.
Operational Highlights
The company’s unexecuted order book stood at ₹5,450 crore. New order inflow for Q3 FY26 was ₹665 crore. TARIL has also received exceptional orders and has entered into the HVDC transformer landscape. Total inquiries under negotiation are valued at ₹16,500+ crore.
Management Comments
Management noted the strong growth in the order pipeline from utilities, infrastructure, and industrial sectors. They highlighted improvements in operational efficiency and process optimization, which are positively impacting profitability. The revenue target for the current financial year is ₹2,600 Crores.
Source: BSE
