Hot Pursuit     29-Jul-23
Divgi TorqTransfer bags multi-year order from overseas client
Divgi TorqTransfer Systems said that it has received an award for a new program from an overseas customer to supply components for their OE Program which has added a life cycle value of Rs 180 crore to our order book.
Production for the same is expected to commence from Q4 FY24, the company stated in a exchange filing made after trading hours on Friday.

Divgi Torqtransfer Systems is one of the leading players supplying transfer case systems to automotive OEMs in India and the largest supplier of transfer case systems to passenger vehicle manufacturers in India.

The company had reported 15.85% rise in net profit to Rs 13.45 crore on a 25.78% increase in sales to Rs 73.34 crore in Q4 FY23 as compared with Q4 FY22.

The scrip had lost 0.85% to end at Rs 890.90 on the BSE yesterday.

Previous News
  Divgi Torqtransfer Systems to hold board meeting
 ( Corporate News - 15-May-24   20:28 )
  Divgi TorqTransfer bags multi-year order from overseas client
 ( Hot Pursuit - 29-Jul-23   10:50 )
  Divgi Torqtransfer Systems to hold board meeting
 ( Corporate News - 25-Jan-24   11:29 )
  Divgi Torqtransfer Systems to convene AGM
 ( Corporate News - 26-Jun-24   17:19 )
  Divgi Torqtransfer Systems standalone net profit rises 15.85% in the March 2023 quarter
 ( Results - Announcements 18-May-23   16:43 )
  Divgi Torqtransfer Systems standalone net profit declines 20.24% in the September 2023 quarter
 ( Results - Announcements 02-Nov-23   07:31 )
  Divgi TorqTransfer Systems IPO subscribed 12%
 ( IPO Centre - IPO News 01-Mar-23   17:18 )
  Divgi Torqtransfer Systems to announce Quarterly Result
 ( Corporate News - 11-May-23   17:56 )
  Divgi Torqtransfer Systems to conduct board meeting
 ( Corporate News - 28-Oct-23   12:24 )
  Board of Divgi Torqtransfer Systems recommends final dividend
 ( Corporate News - 25-May-24   09:53 )
  Board of Divgi Torqtransfer Systems recommends Final Dividend
 ( Corporate News - 19-May-23   12:58 )
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