Gujarat-based Transformers and Rectifiers India posted a sharp rise in its Q2 FY27 consolidated net profit, which advanced by a whopping 118% year-on-year to Rs 81.38 crore against Rs 37.35 crore posted in the year-ago period. The company’s CEO said that growth was driven by strong order inflows, improvement in capacity utilisation and progress in its expansion initiatives On a sequential basis, the company’s bottom line advanced by 29% as compared to Rs 64.29 crore reported in the preceding quarter.