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Business Standard
an hour ago
- Business
- Business Standard
₹67-crore order pushes TD Power Systems share price 3% higher; details
TD Power Systems shares rose after the company announced that it has secured an order worth approximately ₹67 crore. SI Reporter New Delhi TD Power Systems share price: TD Power Systems shares rose up to 2.51 per cent to hit an intraday high of ₹528.25 per share on the last trading day of the week i.e Friday, June 20, 2025. However, by 9:22 AM, TD Power Systems shares were off day's high, and were trading merely 0.42 per cent higher at ₹517.45. In comparison, BSE Sensex was trading 0.32 per cent higher at 81,621.72 level. Why did TD Power Systems share price rise today? TD Power Systems shares rose after the company announced that it has secured an order worth approximately ₹67 crore. In a press release, TD Power Systems said, 'The Company is pleased to announce the receipt of a prestigious order valued at approximately ₹67 crore (exclusive of taxes) from a leading multinational corporation for the supply of components for traction motors for export.' Under the terms of the order, TD Power Systems will be responsible for the supply of components for traction motors for export. The deliveries are scheduled to be completed from January 2026 to December 2027. 'This order further demonstrates TDPS's technical expertise and trusted capabilities in delivering high-precision components that meet global standards,' TD Power Systems said. TD Power Systems Q4 results TD Power Systems' consolidated profit after tax (PAT) grew 93 per cent year-on-year (Y-o-Y) to ₹52.6 crore in Q4FY25, from ₹27.3 crore in Q4FY24. Its revenue from operations jumped 32 per cent Y-o-Y to ₹348.2 crore, from ₹263.8 crore a year ago. At the operating level, earnings before interest, tax, depreciation and amortisation (Ebitda) climbed 69 per cent Y-o-Y to ₹73.6 crore, from ₹43.4 crore in Q4FY24. Subsequently, Ebitda margin expanded 430 basis points (bps) to 20.7 per cent in Q4FY25, from 16.4 per cent in Q4FY24. The company's order inflow grew 43 per cent annually to ₹413.4 crore in Q4FY25, from ₹289.7 crore a year ago. TD Power Systems dividend TD Power Systems board also recommended a final dividend of ₹0.65 per equity share of face value of ₹2 each for the financial year ended March 31, 2025. The said dividend, if declared at the ensuing Annual General Meeting (AGM) of the company, will be paid within 30 days from the date of AGM. About TD Power Systems TD Power Systems specialises in the manufacturing of AC generators and electric motors, serving a broad spectrum of power generation and industrial applications. Its product portfolio includes generators designed for steam, gas, hydro, and wind turbines, as well as for diesel and gas engines. Additionally, TD Power Systems produces a variety of electric motors, including induction, traction, and synchronous types. The company supports diverse sectors, with solutions tailored for renewable and thermal energy, along with a wide range of industrial uses.
Barnama
an hour ago
- Business
- Barnama
OMS Energy Technologies Inc. Issues Post-IPO Operational Update Featuring Customer Growth, Expansion Initiatives and R&D and Safety Achievements
SINGAPORE, June 20 (Bernama) -- OMS Energy Technologies Inc. ('OMS' or the 'Company') (Nasdaq: OMSE), a growth-oriented manufacturer of surface wellhead systems ('SWS') and oil country tubular goods ('OCTG') for the oil and gas industry, today provided a business update outlining its recent accomplishments as the Company prepares for its inaugural earnings call following its successful Nasdaq listing in May 2025. Operational Highlights
Times
an hour ago
- General
- Times
Mike Ashley abandons chase for Revolution Beauty
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Times
an hour ago
- General
- Times
Another escape for Carlos Alcaraz in longest Queen's match for 34 years
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Indian Express
2 hours ago
- Business
- Indian Express
Vivek Oberoi became a crorepati in his teens after father told him he isn't entitled to family money: ‘I'm a rich man, you are not'
In a fickle industry like Bollywood, it is quite common for people to branch out into different side hustles, like investing in real estate or having businesses of their own. Not having all your eggs in the same basket makes economical sense, and actor Vivek Oberoi is someone who understood this very early in life. Son of actor and politician Suresh Oberoi, Vivek definitely had a strong foundation upon which to build, but during a recent interview, he revealed that his father only played the role of a mentor in his life and never helped him financially. While making an appearance on the Dubai Property Insider podcast, Vivek pulled back the curtains regarding his business ventures and explained how he built such a big empire. He mentioned that his father groomed him regarding economics and business from a very young age. 'He would bring me a product and would ask me to create an entire business plan about how I was going to sell it. I started understanding the nuances of business from the age of 10 because I was going from door to door to sell that stuff,' he said. ALSO READ: 'You don't realise you're in a desert, right': Take a tour of Vivek Oberoi's greenery-filled home in Dubai Vivek added that his father used to tell him, 'I am a rich man; you are not. You will get there, but you have to do it on your own.' Vivek went on to talk about how his teenage years were very different from most of his friends. While most kids his age were enjoying their school life, Vivek was trying to understand the stock market. He said, 'I was able to raise $3 million for my first company, and I was only 19, and I made a lot of money for my investors and myself, and I sold the company by the time I was 23. If I hadn't been applying myself for all those years, it never would have been possible. Because I put in that work, now I have been able to take nine companies public on the Indian stock market, and I am planning to take four more.' According to Forbes India, as of April 2025, Oberoi has a net worth of Rs 1200 crore. Some of the ventures he owns and has invested in include BNW Real Estate, Solitario, Impresario Global, Rutland Square Spirits, and ReadyAssist, among others. He made his Bollywood debut in 2002 with Ram Gopal Verma's Company, and he became a household name with his film Saathiya (2002), directed by Shaad Ali.
