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 IPO ends with good subscription
 ( IPO Centre - IPO News 06-Mar-23   10:01 )
  Divgi Torqtransfer Systems to announce Quarterly Result
 ( Corporate News - 11-May-23   17:56 )
  Divgi TorqTransfer Systems wins multi-year order with projected revenue of Rs 219 cr
 ( Corporate News - 11-Aug-23   15:14 )
  Divgi TorqTransfer Systems IPO subscribed 5.44 times
 ( IPO Centre - IPO News 03-Mar-23   17:35 )
  Divgi Torqtransfer Systems standalone net profit declines 31.52% in the March 2024 quarter
 ( Results - Announcements 25-May-24   07:40 )
  Divgi Torqtransfer Systems to convene AGM
 ( Corporate News - 26-Jun-24   17:19 )
  Divgi Torqtransfer Systems fixes record date for dividend
 ( Market Beat - Reports 02-Jul-24   13:21 )
  Divgi TorqTransfer bags multi-year order from overseas client
 ( Hot Pursuit - 29-Jul-23   10:50 )
  Divgi Torqtransfer Systems standalone net profit declines 14.65% in the June 2023 quarter
 ( Results - Announcements 09-Aug-23   15:19 )
  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 38%
 ( IPO Centre - IPO News 02-Mar-23   17:13 )
Other Stories
  Avantel Q2 PAT jumps 42% YoY to Rs 23 cr
  05-Oct-24   17:03
  Equitas SFB total deposits jump 29% YoY in Q2 FY25
  05-Oct-24   16:28
  Ujjivan SFB total deposits rises 17% in Q2 FY25
  05-Oct-24   15:34
  L&T Finance retail disbursements jump 12% YoY in Q2 FY25
  05-Oct-24   14:31
  Bandhan Bank records over 21% YoY jump in loan book during Q2 FY25; deposits at Rs 1.42 lakh crore
  05-Oct-24   13:32
  Lupin's Pune-based biotech facility gets 5 observations from US FDA
  05-Oct-24   13:20
  Macrotech Developers pre-sales jumps 21% YoY in Q2 FY25
  05-Oct-24   09:04
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
Back Top