TRIL: high-rating transformers boost sales in Q2 FY22
India: Transformers from 220 kV boosted the sales of Transformers & Rectifiers India Ltd (TRIL) in the second quarter and the first half of FY22.
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India: Transformers from 220 kV boosted the sales of Transformers & Rectifiers India Ltd (TRIL) in the second quarter and the first half of FY22.
In an investor presentation filed on stock exchanges, TRIL said that in Q2 (July to September) of FY22, sales of transformers of rating 220 kV or above were 4,585 MVA, more than three times the comparable sales in the same period of FY21.
This had positive bearing on the H1 performance as well. During the first half (April to September) of FY22, sales of 220 kV-plus transformers touched 6,585 MVA – 60.5 % higher than the comparable level of FY21.
Sales of transformers of up to 220 kV rating, however, showed a year-on-year decline in both Q2 and H1 of FY22. Nevertheless, overall transformer sales in H1 of FY22 recorded a growth of nearly 16 %, reaching 9,908 MVA. In value terms, TRIL recorded sales of $63 M (Rs.471 crore) in H1 of FY22, as against $38.3 M (Rs.286 crore) in the same period of FY21.
Exports had a share of 13 % in total sales during H1 of FY22, as against 7 % in the like period of FY21. TRIL also saw a higher share of utilities of 51 % in H1 of FY22 as against 45 % in H1 of FY21.
Source: T&D World
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