Tarapur Transformers Limited has informed the Exchange about Copy of Newspaper Publication
TARAPUR · price
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Tarapur Transformers has submitted copies of newspaper advertisements publishing its un-audited standalone financial results for the quarter ended December 31, 2025, as required under SEBI LODR Regulation 47. The results, approved by the Board on February 11, 2026, were published in 'Active Times' (English) and 'Mumbai Mitra' (Marathi) on February 13, 2026. For Q3 FY26, the company reported total income from operations of Rs 50.75 lakhs (up from Rs 9.95 lakhs in Q3 FY25) but slipped into a net loss of Rs 24.27 lakhs, against a profit of Rs 241.39 lakhs a year ago, with EPS at Rs (0.12). For the nine months ended December 2025, net profit after tax stood at Rs 1,615.01 lakhs (after exceptional items), helped by reversals of provisions on a bad debt of Rs 8.66 crore from Choudhary Global Limited and recovery of Rs 35 lakh from Deekay Iron and Steel written back as other income. The company also disclosed it has filed an IBC Section 7 application with NCLT Mumbai against Choudhary Global to recover the outstanding Rs 8.66 crore.
The Q3 loss is small but signals weak core operations, though nine-month profitability is supported mostly by one-time write-backs rather than core business performance. The ongoing recovery efforts on large stuck advances are a positive, but the operational turnaround is yet to show up in revenue, which remains very thin.