Voltamp Transformers wins ₹85 crore domestic order from Gujarat Energy Transmission Corporation

Heavy electrical equipment manufacturer Voltamp Transformers Ltd on Thursday (November 27) said it has received a Letter of Intent from Gujarat Energy Transmission Corporation Ltd for a ₹85.05 crore order, inclusive of GST, covering the supply of various ratings of power transformers.

The order involves the design, manufacture, testing and supply of power transformers in line with tender specifications. Voltamp confirmed that the contract has been awarded by a domestic entity and will be executed within six months.

Second Quarter Results

Voltamp Transformers' net profit rose 4.2% year-on-year to ₹78.85 crore, compared to ₹75.67 crore in the same period last year. Revenue increased 21.3% to ₹482.6 crore, while EBITDA grew 24.8% to ₹93.55

crore, maintaining a healthy operating margin of 19.4%.

Also Read: Voltamp Transformers shares fall after equity worth ₹618 crore changes hands in block deals

The company said certain delivery sites became inaccessible due to heavy rain, impacting invoicing by around ₹10 crore. Despite this, Voltamp achieved a key operational milestone during the quarter — successfully manufacturing and delivering its highest-rated power transformer to date, a 160 MVA, 220 kV class unit, ahead of schedule.

The company began FY26 with an order book of ₹938 crore, adding new orders worth ₹1,377 crore during the year so far, and has another ₹92 crore in contracts pending formal confirmation. Voltamp said its order pipeline remains strong, supporting revenue visibility for the coming quarters.



Shares of Voltamp Transformers Limited ended at ₹8,070.00, down by ₹84.10, or 1.03%, on the BSE.

Also Read: Voltamp Transformers block deal: Promoter may sell 7% stake for $67 mn