News

TD Power Systems Limited (TDPSL) reported a consolidated profit for the period ended June 30, 2026, of Rs 8,629.31 Lakhs, with total comprehensive income reaching Rs 8,595.28 Lakhs and earnings per share of Rs 5.52. However, the company’s financial results are shadowed by a significant impairment provision of Rs 300.00 Lakhs recognized during the year ended March 31, 2026, bringing the total cumulative impairment on its Rs 2,040.75 Lakhs investment in subsidiary DF Power Systems Private Limited to its full value. DF Power Systems has faced challenges including creditor claims and project cancellations, and while management believes it can continue as a going concern with parent company support, the situation warrants close investor scrutiny. TDPSL also issued 13,600 shares to an Employee Welfare Trust during the quarter as part of its equity compensation plan.

TD Power Systems will hold a meeting of the Board of Directors of the Company on 11 August 2026.

TD Power Systems announced that the 27th Annual General Meeting(AGM) of the company will be held on 12 August 2026.

TD Power Systems has received upgrade in credit ratings from CRISIL as under:Total bank facilities - Rs 488 croreLong term rating - AA-/ Stable Short term rating - A1+

TD Power Systems has appointed Raghavendra Haveri, as the Head - IT of the Company with effect from 18 June 2026.Consequent to the aforesaid appointment, Ramya Ramesh shall cease to hold the position of Head - IT and will continue in her existing role as Head - Sales and Project Execution (Motors).