TD Power Systems saw its shares increase by over 3% in morning trade following the announcement of its strong Q4 results. As of 9:36 AM, the shares were trading 2.43% higher at Rs 433.60.
The company’s net profit for the quarter surged by 82.8%, reaching ₹53 crore, compared to ₹29 crore in the same period last year. Revenue also saw a significant rise, climbing by 31.9% to ₹348 crore, up from ₹263.9 crore in Q4 of the previous year.
The company’s EBITDA grew by 56.2%, standing at ₹65.3 crore, up from ₹41.8 crore year-on-year. This growth was reflected in its margin, which improved to 18.8% from 15.8% in the same quarter last year.
TD Power Systems shares opened at 437.95, with a high of 440.95 and a low of 428.00 on the day. The stock has seen a 52-week high of 482.85 and a 52-week low of 281.00, indicating notable volatility.
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