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Latest News | Transformer & Rectifiers Q2 Net More Than Doubles to Rs 12 Cr

Get latest articles and stories on Latest News at LatestLY. Transformers & Rectifiers (India) Ltd on Thursday said its consolidated net profit more than doubled to Rs 12.20 crore in the September quarter, mainly due to higher revenues.

Latest News | Transformer & Rectifiers Q2 Net More Than Doubles to Rs 12 Cr

New Delhi, Nov 10 (PTI) Transformers & Rectifiers (India) Ltd on Thursday said its consolidated net profit more than doubled to Rs 12.20 crore in the September quarter, mainly due to higher revenues.

The consolidated net profit of the company stood at Rs 5.49 crore in the quarter ended September 30, 2021, it said in a BSE filing.

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Its total income rose to Rs 309.26 crore in the quarter from Rs 268.57 crore in the year-ago period.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)