TD Power Systems shines on reporting 43% rise in Q4 consolidated net profit
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TD Power Systems is currently trading at Rs. 181.60, up by 6.45 points or 3.68% from its previous closing of Rs. 175.15 on the BSE.
The scrip opened at Rs. 176.00 and has touched a high and low of Rs. 186.20 and Rs. 173.00 respectively. So far 75136 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 186.20 on 09-May-2023 and a 52 week low of Rs. 67.33 on 09-May-2022.
Last one week high and low of the scrip stood at Rs. 186.20 and Rs. 167.20 respectively. The current market cap of the company is Rs. 2723.72 crore.
The promoters holding in the company stood at 58.45%, while Institutions and Non-Institutions held 17.26% and 24.29% respectively.
TD Power Systems has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 36.74% rise in its net profit at Rs 29.86 crore for the quarter under review as compared to Rs 21.84 crore for the same quarter in the previous year. Total income of the company increased by 1.65% at Rs 227.16 crore for Q4FY23 as compared to Rs 223.48 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 43.35% rise in its net profit at Rs 35.35 crore for fourth quarter ended March 31, 2023 as compared to Rs 24.66 crore for the same quarter in the previous year. Total income of the company increased by 8.79% at Rs 256.32 crore for Q4FY23 as compared to Rs 235.60 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 62.58% rise in its net profit at Rs 88.46 crore as compared to Rs 54.41 crore for the previous year. Total income of the company increased by 14.55% at Rs 843.49 crore for year under review as compared to Rs 736.37 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 37.03% rise in its net profit at Rs 96.81 crore as compared to Rs 70.65 crore for the previous year. Total income of the company increased by 9.57% at Rs 892.05 crore for year under review as compared to Rs 814.14 crore for year ended March 31, 2022.
