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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.
First half of the fiscal saw a strong order book, says Nikhil Kumar, MD of TD Power Systems.
While the standalone business has performed better than last year, the company has made losses on a consolidated basis as it shut down the loss-making engineering, procurement and construction (EPC) division and EPC subsidiary company, taking a one-time hit, says Nikhil Kumar, MD of TD Power System.
In an interview with CNBC-TV18, Nikhil Kumar, MD, TD Power Systems, discussed his company's third quarter earnings. The firm today reported a net loss of Rs 5.66 crore on revenues of Rs 112.83 crore.
In an interview to CNBC-TV18, Nikhil Kumar, MD, TD Power System spoke about the results and his outlook for the company.
TD Power Systems managing director Nikhil Kumar says it did not do well in the first quarter, but came back in the second quarter with better numbers. He says overall the company‘s performance in the first half of the fiscal year was decent. Going ahead, in the second half, he expects the performance to be better.