TD Power Systems on Wednesday posted nearly three per cent rise in its consolidated net profit at Rs 20.07 crore in the quarter ended December 2022.

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The consolidated net profit of the company was Rs 19.53 crore in the corresponding quarter that ended on December 31, 2021, showed a BSE filing.

Total income rose to Rs 205.65 crore in the quarter from Rs 183.06 crore in the same period a year ago.

Board has also declared an interim dividend of Rs 0.50 (fifty paise) per equity share of face value of Rs 2 each to the equity shareholders of the company for the financial year ending March 31, 2023.

The payment of dividend will be made within 30 days of its declaration.

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