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Indo Tech Transformers got a little spark on Friday, its shares jumped after bagging a new ₹78.3 crore order from Avaada Clean Project.
Indo Tech Transformers, a small-cap company based in Southern India, specialises in transformer manufacturing and operates production facilities in Kancheepuram, Tamil Nadu.
The deets: the new contract involves the supply of nine high-capacity 125 MVA transformers. As per the execution schedule, two transformers are set for delivery by March 2026, while the remaining six will be supplied in batches of three each during April and May 2026.
By the numbers: the company's net profit surged 224.4% to ₹19.17 crore on a 99.5% increase in net sales to ₹163.93 crore in Q1 FY26 as compared with Q1 FY25.
The impact: this large order underscores the growing demand for high-capacity transformers in India's evolving energy sector. It also reflects positively on Indo Tech Transformers' capabilities and market position in manufacturing critical power infrastructure components.
