BTL EPC Ltd, an Indian engineering firm, has experienced a significant increase in revenues and profit margins. This growth has been attributed to the Trade Receivables Discounting System (TReDS), a central bank-backed electronic platform that provides small businesses with faster and more affordable access to working capital.

By utilizing the TReDS platform, BTL EPC has been able to reduce its cost of funds by 2.5 percentage points. In the fiscal year ending March 2024, the company's revenues reached 6.5 billion rupees ($77.3 million), which is double the amount from two years prior. Managing Director Ravi Todi expects that revenues will surpass nine billion rupees in the current year, highlighting the positive impact of the TReDS platform on the company's financial performance.