TD Power Systems Sees Profit Surge in June Quarter

TD Power Systems experienced a substantial upswing in its consolidated net profit, which surged by nearly 42% to Rs 50.07 crore for the June quarter of 2024. This financial boost reflects an increase from the Rs 35.34 crore profit recorded in the same period last year, as per regulatory disclosures.

The company's total income saw a commendable rise, reaching Rs 375.87 crore compared to the Rs 276.89 crore recorded in the corresponding quarter a year prior. The growth in income underscores TD Power Systems' enhanced performance during this fiscal period.

The positive financial results not only highlight the company's resilience in the competitive market but also set a favorable outlook for its stakeholders moving forward.

(With inputs from agencies.)