TD Power share price: Shares of AC generator and electric motor manufacturer TD Power Systems rallied over 9% on Friday, November 13, after the company announced a strong set of financial results for the September 2026 quarter. The company more than doubled its consolidated net profit year-on-year, supported by robust revenue growth and improved operating performance.
Alongside its quarterly earnings, TD Power Systems also announced an interim dividend for FY27, offering an additional development for shareholders to track. The company reported strong order inflows and expressed confidence in its business outlook for FY27 and FY28, while upgrading its revenue guidance for the current financial year.
Dividend: The company's board declared an interim dividend of ₹0.65 per share, with a face value of ₹1 each, for the financial year ending March 31, 2027.
The record date for determining shareholder eligibility has been fixed at November 18. The payment of the interim dividend will be made within 30 days of its declaration.
TD Power Systems reported a 105.58% year-on-year (YoY) increase in consolidated profit after tax (PAT) to ₹123.74 crore in the July-September quarter of FY27, compared with ₹60.19 crore in the corresponding quarter of the previous financial year.