TRF Limited, a Tata Enterprise, has officially announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. During the quarter ending March 31, 2026, the company reported standalone revenue from operations of Rs. 1,938.56 Lakhs, representing a marginal decline of 2.53% from the Rs. 1,988.89 Lakhs recorded in the previous quarter (Q3 FY26). On a year-on-year basis, the quarterly revenue saw a more significant decrease of 28.49% compared to the Rs. 2,710.98 Lakhs earned in the corresponding quarter of the previous year. Despite the revenue dip, the company maintained profitability with a net profit for the quarter of Rs. 605.11 Lakhs, a decrease of 48.25% from the previous quarter’s Rs. 1,169.20 Lakhs, and a 42.11% decline from the Rs. 1,045.24 Lakhs reported in the same period last year.

TRF Limited is a prominent engineering company headquartered in Jamshedpur and is a subsidiary of Tata Steel Limited, which holds a 34.11% promoter stake. Established in 1962, the company specializes in providing turnkey solutions and manufacturing high-end material handling equipment for core infrastructure sectors, including power, steel, mining, and ports. Its extensive product portfolio features crushers, screens, feeders, and conveyors, alongside offering life cycle services and electromechanical jobs. In early 2025, the company’s Board decided to withdraw a proposed amalgamation with Tata Steel, citing improved business performance as the rationale for continuing as a standalone listed entity. Throughout 2025 and 2026, TRF has remained focused on major initiatives for clients such as NTPC and BHEL while undergoing strategic management changes, including the appointment of new leadership in manufacturing and finance.