TD Power Systems has received an order with the value of USD 9.28 million for gas turbine generators from a major US Original Equipment Manufacturer. These generators will be used primarily in fracking wells in the US, for power supply and backup power for artificial intelligence server farms in the US, and other applications. Delivery of these generators is scheduled to commence from January 2025 to August 2025.Powered by Capital Market - Live News

TD Power Systems has allotted 13,511 equity shares pursuant to the exercise of employee stock appreciation rights (ESAR) under TDPSL Equity Based Compensation Plan 2019. Consequent to the aforesaid allotment, the paid-up share capital of the Company stands increased from Rs.31,23,40,202/- (15,61,70,101 equity shares face value of Rs.2/- each) to Rs.31,23,67,224/- (15,61,83,612 equity shares face value of Rs.2/- each). Powered by Capital Market - Live News

TD Power Systems announced that its plant operations could be partially affected on or after 20 June 2024, due to a strike notice issued by the workers union.Powered by Capital Market - Live News

Net profit of TD Power Systems declined 17.88% to Rs 29.03 crore in the quarter ended March 2024 as against Rs 35.35 crore during the previous quarter ended March 2023. Sales rose 5.62% to Rs 263.89 crore in the quarter ended March 2024 as against Rs 249.85 crore during the previous quarter ended March 2023.For the full year,net profit rose 22.25% to Rs 118.35 crore in the year ended March 2024 as against Rs 96.81 crore during the previous year ended March 2023. Sales rose 14.70% to Rs 1000.52 crore in the year ended March 2024 as against Rs 872.30 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales263.89249.85 6 1000.52872.30 15 OPM %15.8517.38 -16.7314.93 - PBDT46.1749.88 -7 183.29148.91 23 PBT40.7844.63 -9 162.20128.21 27 NP29.0335.35 -18 118.3596.81 22 Powered by Capital Market - Live News

TD Power Systems announced that the Board of Directors of the Company at its meeting held on 23 May 2024, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 30%) , subject to the approval of the shareholders.Powered by Capital Market - Live News