The Adani Group has awarded TRIL a $32.7 million contract for the supply of transformers and reactors, with delivery scheduled for the next financial year.

Additionally, Al Sabha Group and Powerlink Queensland have placed export orders worth $9.4 million for transformers.

TRIL, which manufactures transformers for both domestic and international markets, has seen a strong financial performance. In Q3 FY25, the company’s consolidated net profit surged 252.92% to $6.7 million, while revenue from operations increased 51.44% to $67.3 million compared to Q3 FY24.

Following the announcement, TRIL's stock rose 0.45% to Rs 387 on the BSE.