TD Power Systems Limited — Others, 12-05-2025: Appointment
TD Power Systems has announced a board meeting outcome approving the financial results for the quarter and year ended March 31, 2025. The company reported standalone net sales of ₹376.34 Cr, profit before tax of ₹60.66 Cr, and profit after tax of ₹43.96 Cr for the year, showing solid growth. A final dividend of ₹0.65 per equity share has been proposed. Key leadership changes include the re-appointment of Mr. Nikhil Kumar as Managing Director for five years starting January 2026 and the appointment of Mr. Ramesh K N as Head of Supply Chain from July 1, 2025. The cost auditor and secretarial auditor have been re-appointed, with shareholder approval pending. The auditor expressed a clean opinion with no concerns over the company’s going concern status. The group’s Japan subsidiary is undergoing voluntary liquidation, which is unlikely to significantly affect overall financials.
