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 reports consolidated net profit of Rs 5.75 crore in the September 2019 quarter
 ( Results - Announcements 15-Nov-19   17:19 )
  TD Power Systems allots 49,346 equity shares under ESOP
 ( Corporate News - 26-Jun-21   10:50 )
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  TD Power Systems to announce Quarterly Result
 ( Corporate News - 05-Aug-21   13:46 )
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 ( Corporate News - 30-Oct-21   11:35 )
  TD Power Systems to declare Quarterly Result
 ( Corporate News - 25-Apr-23   11:54 )
  TD Power Systems to announce Quarterly Result
 ( Corporate News - 29-Jul-22   13:59 )
  TD Power Systems reports consolidated net loss of Rs 7.87 crore in the June 2018 quarter
 ( Results - Announcements 09-Aug-18   16:42 )
  TD Power Systems spurts after fund buying
 ( Hot Pursuit - 18-Dec-15   15:35 )
  TD Power Systems slumps after poor Q4 earnings
 ( Hot Pursuit - 21-May-15   09:28 )
  TD Power Systems provides business update
 ( Corporate News - 23-Feb-16   12:34 )
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