'
Transformers
& Rectifiers (India) hosted a conference call on Aug 11, 2023. In the
conference call the company was represented by Jitendra Mamtora, Chairman and
Satyen Mamtora, Managing Director.
Key
takeaways of the call
Orders
on hand as on July 31, 2023 stood at Rs 2149 crore. Of the current order book 95% are
domestic orders and 5% are export orders.
The
company has received new orders of Rs 377 crore during Q1FY24. So far in Q2FY24 the company has received new
orders worth Rs 250 crore including one large order worth Rs 145 crore from
PGCIL.
In
present order book the GETCO orders were just about Rs 92 crore.
Q1FY24
revenue from operations declined by 48% (to
Rs.155.57 Crore from Rs.300.34 crore in Q1FY23)
on account of multiple factors i.e. significant inventory built up as
materials were ready for dispatch but delivery got delayed due to non receipt
of di...
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