22 Jan 2020 | 12:01 AM

News

COMPANYNEWS
TD Power Systems Ltd posts Q1 net loss of Rs 1.04 cr
  TD Power Systems Ltd. | 17 Jan 2020 | 10:51 AM
Published on 08-12-2019
The company reported standalone net loss during the quarter stood at Rs 1.04 crore as compared to net loss of Rs 5.64 crore in the previous year quarter.


Net revenue of the company rose substantially by 23.27 per cent at Rs 91.33 crore in April-June quarter of this fiscal as against Rs 74.09 crore in the corresponding period last year.


During April-June quarter operating expenses increased by 17.90 per cent to Rs 89.63 crore from Rs 76.02 crore in year ago period.


Other Income grew by 54.29 per cent at Rs 3.78 crore versus (Jun`18 Rs 2.45 crore).


Operating Profit surged by 188.54 per cent to Rs 1.70 crore as against Rs -1.92 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 171.81 per cent in June quarter.


Interest grew by 114.81 per cent y-o-y to Rs 1.16 crore while Taxation decreased by 2.53 per cent at Rs -0.77 crore (Jun`18 Rs -0.79 crore).