Transrail Lighting Sees Stock Increase Following Plant Expansion
Transrail Lighting rises after commissioning Butibori plant, capacity expansion
Business Standard
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Transrail Lighting's stock rose by 1.10% to ₹572 after announcing the completion of its new tower manufacturing plant in Butibori, India. The company also reported a significant increase in its total manufacturing capacity from 84,000 MTPA to 172,400 MTPA following expansions at multiple facilities.
- 01Transrail Lighting's stock increased by 1.10% to ₹572.
- 02The company completed its greenfield expansion at the Butibori plant.
- 03Total installed capacity rose from 84,000 MTPA to 172,400 MTPA.
- 04Consolidated net profit grew by 17.7% to ₹109.74 crore.
- 05Revenue from operations surged by 32.6% to ₹1,777.19 crore in Q3 FY26.
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Transrail Lighting's stock price increased by 1.10% to ₹572 following the announcement of its greenfield expansion at the tower manufacturing plant in Butibori, Maharashtra, India, where commercial production has now started. The company also reported that its brownfield expansion projects at facilities in Deoli, Baroda, and Silvassa are partially completed. As a result, Transrail's total installed capacity for tower manufacturing has significantly increased from 84,000 MTPA to 172,400 MTPA. In its financial performance for Q3 FY26, the company reported a 17.7% increase in consolidated net profit, reaching ₹109.74 crore, alongside a 32.6% rise in revenue from operations, totaling ₹1,777.19 crore compared to Q3 FY25.
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The expansion of manufacturing capacity may lead to increased job opportunities and economic growth in the region, benefiting local communities.
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