Transformers & Rectifiers Limited

Research report by 'Ventura Securities Ltd'
     
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Transformers & Rectifiers Limited (TRIL), a leading manufacturer of power transformers in India, has reported an impressive set of quarterly numbers for Q4FY10. PAT for the quarter was up 55% from Rs 12.9 crore to Rs 20.0 crore. Net Revenues too were up 61% to Rs 213.8 crore. The new Moraiya facility being inaugurated early this year has contributed to the volume growth & resultantly better profitability despite pressure on realizations.


   
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