Voltamp Transformers Limited announced its financial results for the third quarter and nine months ended December 31, 2025. The company reported a Net Profit before Tax of ₹129.88 crore for the third quarter, a 27% increase from ₹102.17 crore in the same quarter last year. Net Sales and Services Income for the quarter rose by 30% to ₹630.32 crore from ₹483.52 crore. For the first nine months of the fiscal year, Net Profit before Tax stood at ₹338.72 crore, up 10% from ₹306.96 crore in the corresponding period last year. Net Sales and Services Income for the nine-month period increased by 17% to ₹1536.46 crore from ₹1309.42 crore. The company noted positive developments in international trade, including the potential India-EU trade deal and US-India trade tariff settlements, which are expected to boost India's export sectors. Despite global geopolitical tensions and volatility, India's domestic economy remains resilient, with strong GDP growth projections. The medium-term outlook for transformer demand is positive, driven by sustained investments in power infrastructure. The Union Budget for FY 2026-27 proposes a significant increase in government capital expenditure, focusing on infrastructure and manufacturing. Voltamp Transformers is progressing on its greenfield EHV Power Transformer manufacturing facility, with completion targeted by June 2026. Approximately ₹124.22 crore has been spent on this project. The company started FY 2025-26 with an opening order book of ₹938 crore (7,904 MVA) and secured new orders worth ₹1981 crore (16768 MVA) during the period. Voltamp Transformers is maintaining a selective approach to new orders, prioritizing profitability and execution certainty, although recent copper price increases have slightly slowed order closure.