TD Power Systems Limited has informed the Exchange regarding Appointment of M/s. Avanza Management Consulting as Internal Auditor of the company w.e.f. August 06, 2025.
TDPOWERSYS · price
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TD Power Systems reported strong Q1 FY26 results with standalone revenue from operations rising to Rs. 35,796 lakhs, up about 36% from Rs. 26,358 lakhs in Q1 FY25. Standalone profit after tax jumped nearly 50% to Rs. 4,788 lakhs versus Rs. 3,194 lakhs a year earlier, while profit before tax grew about 51% to Rs. 6,422 lakhs. Consolidated revenue grew to Rs. 37,190 lakhs with consolidated PAT of Rs. 5,007 lakhs, up around 42% year-on-year. The board also re-appointed M/s. Avanza Management Consulting as internal auditor for FY 2025-26. The statutory auditors (Varma & Varma) included an Emphasis of Matter note flagging material uncertainty around the going concern of the Indian subsidiary D F Power Systems Pvt Ltd, though management considers it not material to the group.
Sharp year-on-year growth in both revenue and profit signals strong operational momentum, which is positive for shareholders. However, the auditor's emphasis on going-concern uncertainty at the Indian subsidiary (D F Power Systems) is a minor watch item, although management deems it immaterial to the group's overall position.