Introduction:
The transformer stock reported a 30.99% increase in total income for the quarter ending 31st December 2024, driven by a significant rise in revenue from operations. The company also saw substantial growth in profit after tax by 80.49%, reflecting improved performance.
Share Price movement of Indo Tech Transformers:
On February 10, 2025, Indo Tech Transformers Ltd opened at ₹2,408.10, dropping from its previous close of ₹2,478.15. The stock hit a high of ₹2,602.05 and a low of ₹2,354.25. It closed at ₹2,527.65, up 2.00%, with a market cap of ₹2,684.36 crore.
Indo Tech Transformers Q3 Results:
For the quarter ending 31st December 2024, Indo Tech Transformers reported a 30.99% increase in total income, rising from ₹14,012 crore in December 2023 to ₹18,368 crore in December 2024. This was primarily due to the significant rise in revenue from operations, which grew by 27.13% from ₹13,947 crore in December 2023 to ₹17,734 crore in December 2024.
The total expenses for the quarter saw a slight increase of 2.46%, from ₹12,607 crore in December 2023 to ₹15,483 crore in December 2024. Key expenses that contributed to this rise included cost of materials consumed, which grew by 17.16%, and employee benefits expense, which rose by 5.71%.
The profit before tax (PBT) grew by 30.01%, from ₹2,885 crore in December 2023 to ₹3,747 crore in December 2024. Meanwhile, the profit after tax (PAT) grew substantially by 80.49%, from ₹1,068 crore in December 2023 to ₹1,927 crore in December 2024, reflecting improved operational efficiency.
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Recent news About Indo Tech Transformers :
Indo Tech Transformers Limited has secured a significant purchase order valued at ₹117.17 crore from a domestic entity. This order involves the supply of 13 units of 150 MVA transformers, with deliveries scheduled on a month-wise basis, culminating in December 2025.
Stock performance of Indo Tech Transformers for Period of 1 week, 6 months and 1 year:
Indo Tech Transformers stock saw a 1.82% increase over the past week. Over the last six months, it gained 35.4%, reflecting strong mid-term growth. Over the past year, the stock showed a remarkable 134% rise, indicating solid long-term performance.
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Shareholding pattern of Indo Tech Transformers:
All values in % | Dec-24 | Sep-24 | Jun-24 |
Promoters | 75 | 75 | 75 |
FII | 0.48 | 0.39 | 0.42 |
DII | 0.66 | 0 | 0.01 |
Retail & others | 23.85 | 24.6 | 24.58 |
About Indo Tech Transformers:
Indo Tech Transformers Ltd (NSE : INDOTECH) is a leading manufacturer of power transformers, catering to the energy and infrastructure sectors. With a focus on innovation, quality, and sustainability, the company provides essential solutions to support electrical infrastructure growth and development across India.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.