{"id":5027,"date":"2024-11-16T14:39:51","date_gmt":"2024-11-16T09:09:51","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5027"},"modified":"2024-11-16T14:39:52","modified_gmt":"2024-11-16T09:09:52","slug":"trom-industries-q2-net-profit-doubles-revenue-nearly-doubles","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/trom-industries-q2-net-profit-doubles-revenue-nearly-doubles\/","title":{"rendered":"Trom Industries Q2 Net Profit Doubles, Revenue Nearly Doubles"},"content":{"rendered":"\n<p>Trom Industries, a Gujarat-based solar projects EPC services provider listed on the NSE SME platform, posted a robust 109% rise in net profit to \u20b94.13 crore for the April-September 2024 period. This marks a significant growth compared to \u20b91.97 crore in the same period last year, driven by strong order inflows.<\/p>\n\n\n\n<p>The company reported a 98.67% increase in revenue, reaching \u20b946.23 crore, up from \u20b923.27 crore in the year-ago period. Trom Industries attributed this record performance to its focused business approach and strict cost management.<\/p>\n\n\n\n<p>Most recently, the company bagged significant work orders worth \u20b933 crore from Gujarat Metro Rail Corporation Limited and Corona Remedies Pvt. Ltd. The contracts include EPC projects of residential and industrial solar power plants and ground-mounted systems.<\/p>\n\n\n\n<p>Managing Director Jignesh Patel added, &#8220;Like in the previous quarters, the focus on solar energy along with value-for-money products has been the driving reasons for growth in another record quarter. We.<\/p>\n\n\n\n<p>Shares of Trom Industries closed 10.72% higher at \u20b9250 on the NSE on November 14, reflecting investor optimism about the company\u2019s performance and future potential.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/trom-industries-q2-solar-projects-epc-services-provider-reports-109-jump-in-net-profit-at-rs-4-13-crore-12868629.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/markets\/trom-industries-q2-solar-projects-epc-services-provider-reports-109-jump-in-net-profit-at-rs-4-13-crore-12868629.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trom Industries, a Gujarat-based solar projects EPC services provider listed on the NSE SME platform, posted a robust 109% rise in net profit to \u20b94.13 crore for the April-September 2024 period. This marks a significant growth compared to \u20b91.97 crore in the same period last year, driven by strong order inflows. The company reported a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5028,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[685],"class_list":["post-5027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-trom-industries-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5027"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5027\/revisions"}],"predecessor-version":[{"id":5029,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5027\/revisions\/5029"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5028"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}