Tarapur Transformers Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Tarapur Transformers Limited reported Total Income of Rs. 139.75 Lacs for FY26, up 15% from Rs. 121.47 Lacs in FY25. However, the company posted a net loss of Rs. 249.82 Lacs, though significantly improved from Rs. 1595.78 Lacs loss in FY25. The auditors issued a Qualified Opinion citing 9 audit qualifications including: non-receipt of balance confirmations from 13 parties, non-compliance with Ind AS 116 lease standards, lack of loan documentation, breach of Section 186 loan limits (Rs. 457.77 Lacs), failure to deduct TDS on interest (Rs. 2.54 Lacs tax impact), non-provision of Rs. 67.50 Lacs interest payable to Gaganbase Vincom, and absence of physical verification of fixed assets worth Rs. 2286.31 Lacs. The auditors flagged a material going concern uncertainty due to negative net worth of Rs. 186.21 Lacs. Contingent liabilities of Rs. 959.71 Lacs are under dispute.