TD Power Systems will hold a meeting of the Board of Directors of the Company on 6 February 2025.Powered by Capital Market - Live News

TD Power Systems has received an order worth Rs 57 crore from Nuclear Power Corporation of India (NPCIL) for supply of induction motors. These unique low-speed motors will replace existing high-speed imported motors with reduction gearboxes.The motors are designed to meet specific weight constraints, seismic requirements, fitted with titanium tube heat exchangers and will be customized to fit the existing base frame and coupling requirement. The motors will be supplied to NPCIL`s Kudankulam plant with delivery, erection and commissioning scheduled during FY 2025-26 and 2026-27. Powered by Capital Market - Live News

Net profit of TD Power Systems rose 25.94% to Rs 41.27 crore in the quarter ended September 2024 as against Rs 32.77 crore during the previous quarter ended September 2023. Sales rose 11.95% to Rs 306.44 crore in the quarter ended September 2024 as against Rs 273.73 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales306.44273.73 12 OPM %18.1517.24 - PBDT60.7449.91 22 PBT55.9844.61 25 NP41.2732.77 26 Powered by Capital Market - Live News

TD Power Systems announced that the Board of Directors of the Company at its meeting held on 29 October 2024, has recommended a Interim dividend of Rs.0.60 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live News

TD Power Systems has signed a 5-year contract with an Indian entity of a major international company for the supply of traction motors to the European Market. The initial order worth Rs.18 crore has been received by the Company for scheduled delivery in April 2025. The total business volume is expected to be around Rs.300 crore over the next 5 years.Powered by Capital Market - Live News