Latest News | TD Power Systems Profit Grows to Rs 53 Cr in Q4

Get latest articles and stories on Latest News at LatestLY. TD Power Systems has posted about 83 per cent rise in consolidated profit to Rs 53.02 crore in the March quarter, helped by higher income.

New Delhi, May 12 (PTI) TD Power Systems has posted about 83 per cent rise in consolidated profit to Rs 53.02 crore in the March quarter, helped by higher income.

It reported Rs 29.02 crore net profit in the year-ago period, the company said.

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The company's total income rose to Rs 358.94 crore from Rs 263.89 crore a year ago.

For the entire FY25, the net profit also fell to Rs 174.57 crore from Rs 118.34 crore in FY24.

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The board has also recommended a dividend of Rs 0.65 per equity share of Rs 2 for the financial year ended March 31, 2025.

It further approved re-appointment of Nikhil Kumar as Managing Director for a further term of five years commencing January 17, 2026, subject to shareholders' approval at the ensuing annual general meeting.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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