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Tarapur Transformers LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 06:49 pm

Tarapur Transformers Ltd. has announced a board meeting on 29th May 2025, approving the audited standalone financial results for the quarter and year ended March 31, 2025. The company swung to a net profit of Rs. 16.15 Cr for the year, led mainly by exceptional income of Rs. 27.27 Cr from settlement benefits. Operating expenses were well-managed, though underlying operations still showed losses excluding these exceptional gains. No dividend or capital raise plans were disclosed. Management is actively pursuing outstanding loans and has made necessary provisions. The auditor’s opinion remains qualified over confirmations of certain receivables and unsecured loans.

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