Shilchar Tech surged 5% after 121% YoY increase in net profit

Shilchar Tech, manufacturer of custom-made transformers for renewable and industrial applications specializing in power and distribution transformers, hit 5% upper circuit, reaching ₹6,708.05, after reporting a 121.26% YOY increase in net profit to ₹55.36 crore in Q4FY25 compared to ₹25.02 crore in Q4FY24, while its consolidated revenue from operations grew by 119.92% YOY to ₹231.86 crore.