Shares of TD Energy Techniques Ltd rose 1% to the touch a day’s excessive of Rs 528 on twentieth June. This adopted an announcement that it had secured an export order price roughly Rs 67 crore (excluding taxes) from a number one multinational company.
The contract is for the availability of elements utilized in traction motors. Deliveries are scheduled between January 2026 and December 2027.
The corporate said that the order underscores its strong technical capabilities and talent to satisfy international requirements. Moreover, it clarified that the order was awarded by a global entity with no involvement from promoters or group firms. This guidelines it out as a related-party transaction.
TD Energy Techniques This autumn Financials:
Within the fourth quarter, TD Energy reported a internet revenue of Rs 53 crore, up 82.8% from Rs 29 crore final 12 months. Income grew 31.9% to Rs 348 crore. Moreover, EBITDA rose 56.2% to Rs 65.3 crore, and margins improved to 18.8% from 15.8% in the identical interval final 12 months.
At 11:50 AM, the shares of TD Energy Techniques had been buying and selling 1.05% greater at Rs 520.20 on NSE.
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