Transformers and Rectifiers (India) Limited (TARIL), a leading transformer manufacturer in India, has recently secured domestic and international orders amounting to ₹350 crore.
These contracts involve the supply of transformers and reactors for the Adani Group in India and international clients in Iraq and Australia. The orders will be executed by the next financial year, reinforcing TARIL’s market presence.
TARIL has received a domestic order worth ₹272 crores, including GST, from Adani Group. The contract involves manufacturing and supplying transformers and reactors. The project, classified under normal business operations, does not involve any related-party transactions. The delivery is scheduled for completion by the next financial year. This order further strengthens TARIL’s position in the Indian transformer industry.
The company has also secured export orders from Al Sabha Group in Iraq and Powerlink Queensland in Australia, amounting to ₹78 crore. The contract covers the supply of transformers, which are set to be delivered within the next financial year. These international deals reflect TARIL’s growing global footprint and commitment to high-quality production standards.
As of February 21, 2025, at 10:00 AM, the shares of TARIL are trading at ₹379.00 per share, reflecting a decline of 1.7% from the previous day’s closing price. Over the past month, the stock has registered a loss of 7.56%.
With these new contracts, TARIL continues to solidify its reputation as a key player in the transformer manufacturing sector. The company remains committed to delivering world-class products through its extensive infrastructure and skilled workforce.
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Published on: Mar 3, 2025, 4:00 PM IST
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