Markets India
TD Power Systems' share price jumped over 9% after reporting a nearly tripled profit in its latest quarter, driven by strong revenue growth and an interim dividend.
TD Power Systems reported a significant financial turnaround in the second quarter of FY27, with net profits rising 105.58% year-on-year to ₹123.74 crore from ₹60.19 crore in Q2 FY26. Revenue also surged by 85.94%, reaching ₹841.31 crore compared to ₹452.46 crore a year earlier, as the company raised its full-year revenue guidance to ₹2,900-3,000 crore.
The interim dividend of ₹0.65 per share further boosted investor sentiment, contributing to an over 9% surge in the stock price on Thursday. The results underscored improved operational efficiency and strong demand for TD Power Systems' products across its segments. However, rising raw material costs—up by 79.85% YoY to ₹630.11 crore—and increased employee benefit expenses raised concerns about margin pressures.
Analysts noted that while the company’s performance highlights robust growth and confidence in future earnings, it must navigate challenges such as higher input costs and reliance on exports for long-term profitability.
The interim dividend will be paid within 30 days of its declaration. The FY27 revenue guidance is expected to evolve further in upcoming quarters, with technical indicators suggesting potential gains if the stock breaks above ₹685.
TD Power Systems’ Q2 results reflect strong performance and investor confidence but highlight risks from rising costs and export dependence.
Topics: Finance Markets India TD Power Systems Financial Performance Share Price Surges Dividend Announcement
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Source: LiveMint
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