TD Power Systems announced that the Board of Directors of the Company at its meeting held on 04 June 2020, has recommended a Final dividend of Rs.0.75 per share (i.e.7.5%), subject to the approval of the shareholders.

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Net profit of TD Power Systems rose 22.37% to Rs 18.82 crore in the quarter ended March 2020 as against Rs 15.38 crore during the previous quarter ended March 2019. Sales declined 24.63% to Rs 151.36 crore in the quarter ended March 2020 as against Rs 200.82 crore during the previous quarter ended March 2019.

For the full year,net profit rose 835.63% to Rs 29.94 crore in the year ended March 2020 as against Rs 3.20 crore during the previous year ended March 2019. Sales rose 12.17% to Rs 514.89 crore in the year ended March 2020 as against Rs 459.02 crore during the previous year ended March 2019.

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TD Power Systems will hold a meeting of the Board of Directors of the Company on 4 June 2020.

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TD Power Systems announced that the Board of Directors of the Company at its meeting held on 12 February 2020, has recommended a Interim dividend of Rs.1.5 per share (i.e.15%), subject to the approval of the shareholders.

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