Transformers & Rectifiers India shares surged 2% after the company announced impressive Q1 results on July 19, 2024.
Key Financial Highlights
– Profit: ₹20.09 crore, up 106.98% YoY from a loss of ₹12.61 crore last year.
– Revenue: Declined by 37.19% compared to the previous quarter.
– Expenses: Selling, general, and administrative expenses decreased by 39.37% quarter-on-quarter but rose by 17.88% year-on-year.
– Operating Income: Decreased by 46.01% quarter-on-quarter but surged by 2067.22% year-on-year.
– Earnings Per Share (EPS): ₹1.4, up 247.37% year-on-year.
Transformers & Rectifiers India has shown strong returns with -0.77% in the last week, 182.94% in the last 6 months, and 223.23% year-to-date.
As of 11:20 AM, the shares were trading 2.04% higher at ₹730.10 on NSE.
