Transformers & Rectifiers (India) Ltd [TARIL] has reported an order inflow of Rs.665 crore during the third quarter (Q3: October to December) of FY26.
In a release, TARIL said that business momentum during the quarter remained healthy, with new order inflows of Rs.665 crore. The company continued to see strong growth in its order pipeline, driven by sustained demand from utilities, infrastructure developers, and industrial customers, reinforcing visibility for future revenues.
Operational improvements implemented across manufacturing and project execution processes have continued to strengthen delivery timelines and profitability. The Company noted that efficiency enhancements and process optimisation measures are increasingly translating into improved financial outcomes, the release noted.
It may be recalled that during Q3FY26, TARIL marked its entry in the HVDC transformer space landing a repair order from Power Grid Corporation of India Ltd. (Link)
As of December 31, 2025, TARIL’s outstanding order book stood at Rs.5,450 crore. Besides, the company had inquiries worth over Rs.16,500 crore, a company presentation said.
According to Satyen J. Mamtora, Managing Director & CEO, said, “Healthy order inflows and a growing pipeline from utilities, infrastructure, and industrial segments provide strong visibility going forward. We remain committed to improving efficiencies, strengthening our technology capabilities, and delivering long-term value.”
TARIL CEO
Satyen J. Mamtora, Managing Director assumed additional charge as the company’s Chief Executive Officer following the resignation of Mukul Srivastava that was tendered on November 18, 2025, and took effect from the close of business hours on January 7, 2025.
Also read: TARIL becomes first Indian-origin company to win HVDC transformer order