New Delhi, Oct. 14 -- Transformers and Rectifiers (India) share price jumped 14% on Wednesday, 14 October, after the company reported a sharp rise in its September-quarter earnings, supported by strong revenue growth, improved operating margins and an exceptional gain.

The transformer manufacturer posted a 135% year-on-year (YoY) increase in consolidated net profit to Rs.79.8 crore in Q2FY27, compared with Rs.33.9 crore in the corresponding quarter of the previous financial year. The reported profit included an exceptional gain of Rs.131.5 crore.

Revenue from operations rose 60.7% YoY to Rs.739.4 crore in the July-September quarter, against Rs.460 crore a year earlier, reflecting strong business momentum.

Operating performance also imp...