Large order inflow coming in Q4 will drive growth in FY19: TD Power

TD Power Systems delivered a good set of Q3 earnings. Losses have also come down significantly for the company. In an interview to CNBC-TV18, Nikhil Kumar, MD of TD Power spoke about the results and his outlook for the company.

Focusing on the manufacturing business, Kumar said that our order inflow for the first nine months has been flat. It’s about Rs 261 crore this year versus Rs 259 crore last year.

He further said that looking at the outlook for Q4 in terms of order inflow which will completely influence our revenues for FY19, I have indicated earlier that we are going to have an extremely strong order inflow in Q4 mainly driven by exports.

“We will see a very-very healthy large order inflow coming in Q4 which will drive our growth into FY19,” he added.

For entire interview, watch accompanying video.