The company confirmed that none of its promoters, promoter groups, or group companies have any interest in the awarding entity. The order has been placed by an unrelated multinational company and does not fall under related-party transactions.
TD Power Systems (TDPS) 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 reported a 41.65% surge in consolidated net profit to Rs 50.07 crore on a 35.83% increase in revenue from operations to Rs 371.90 crore in Q1 FY26 over Q1 FY25.
TD Power Systems rose 0.79% to Rs 510.10 on the BSE.
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