Hot Pursuit     02-Jul-24
TD Power gains on bagging $9.28-mln order for gas turbine generators
TD Power Systems rallied 3.61% to Rs 371.65 after the company announced that it has received an order amounting to $9.28 million for gas turbine generators from a major US original equipment manufacturer.

The firm said that the 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, it added.

TD Power Systems is engaged in manufacturing AC Generators and Electric Motors for various applications which are specifically designed and tailor-made to suit the needs of the customers based on their requirements and specifications.

The company consolidated net profit declined 17.9% to Rs 29.03 crore in Q4 FY24 as against with Rs 35.35 crore posted in Q4 FY23. Net sales stood at Rs 263.89 crore in Q4 FY24, registering a growth of 5.6% year on year.

Previous News
  TD Power Systems consolidated net profit rises 64.67% in the September 2023 quarter
 ( Results - Announcements 08-Nov-23   15:16 )
  TD Power Systems fixes record date for stock split
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  TD Power Systems consolidated net profit rises 24.01% in the June 2023 quarter
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 ( Results - Announcements 07-Aug-20   08:34 )
  TD Power Systems consolidated net profit rises 43.35% in the March 2023 quarter
 ( Results - Announcements 09-May-23   15:28 )
  Board of TD Power Systems recommends Final Dividend
 ( Corporate News - 09-May-23   15:07 )
  TD Power Systems to table results
 ( Corporate News - 28-Oct-22   11:12 )
  TD Power Systems reports consolidated net loss of Rs 1.34 crore in the June 2019 quarter
 ( Results - Announcements 13-Aug-19   17:26 )
  TD Power Systems standalone net profit declines 19.00% in the September 2015 quarter
 ( Results - Announcements 07-Nov-15   11:29 )
  TD Power Systems to conduct board meeting
 ( Corporate News - 30-Jul-20   12:02 )
  TD Power gains on bagging $9.28-mln order for gas turbine generators
 ( Hot Pursuit - 02-Jul-24   11:54 )
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