Tarapur Transformers Limited — Others, 31-05-2025: Copy of Newspaper Publication

Tarapur Transformers Ltd. has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income of ₹22.80 Cr and a net profit after tax of ₹0.05 Cr for the year, boosted by exceptional income of ₹23.17 Cr from a settlement with Canara Bank. A provision of ₹8.66 Cr was made for doubtful advances related to a Corporate Insolvency case. The company is also engaged in a ₹2.97 Cr recovery suit by Karnataka Power Transmission. Recent invocation of share pledge by Bilpower Ltd. suggests possible changes in shareholding.