Transrail Lighting eyes ₹600-crore QIP as it targets 20–22% revenue growth in FY27
Power transmission-focused EPC company needs 25–28% growth over the remaining six months and targets ₹10,000–11,000 crore of fresh orders
Mumbai-based Transrail Lighting, a power transmission-focused engineering, procurement and construction (EPC) company, is preparing for a potential ₹600-crore qualified institutional placement (QIP) to scale its domestic and international operations. The company aims to achieve 20-22% revenue growth in FY27, up from 5% year-on-year growth in the June quarter.
To achieve this growth, Transrail needs to execute its ₹16,035-crore order book and capture approximately ₹10,000-11,000 crore of fresh orders, including expansion in tower and conductor manufacturing capacity and pursuing adjacent EPC opportunities.
Brief written by urgent.news from Hindu BusinessLine's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
