KEY HIGHLIGHTS Indo Tech Transformers Ltd’s (Indo Tech) Q2FY09 results were above expectations. Net sales rose by 27% YoY to Rs654mn and net profits by 39% to Rs142mn. OPM expanded by 515bps to 33.9% following a higher share of industrial orders. Transformer volumes rose ~7.8% YoY to 815MVA. Average realisations improved by 18% largely as a result of higher share of industrial orders. Industrial orders accounted for 28% of revenues as against 16% YoY. Download Indo+Tech+Transformers+-+Pinc - Get more Business Documents
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