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TD Power Systems reports 43% rise in Q4 consolidated net profit

09 May 2023 Evaluate

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.

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