Divgi Torqtransfer Systems Limited corrected discrepancies in its financial reporting for the year ended March 31, 2025, by resubmitting its results to the National Stock Exchange on July 11, 2025. The company addressed a mismatch in the Profit After Tax (PAT) figures between the XBRL and PDF versions of the initial filing. This resubmission ensures accuracy in the reported financial data for the period.

The statutory auditors of the company issued an Auditor's Report with an unmodified opinion on the audited financial results for the quarter and year ended March 31, 2025. Consequently, the company stated that a statement detailing the impact of audit qualifications is not required. The initial results were disclosed following the board meeting held on May 30, 2025.

The clarification was provided in response to queries from the exchange regarding the data inconsistencies and the absence of a declaration regarding the unmodified opinion. The company confirmed that the necessary declaration has now been filed in PDF format.

Key Disclosures

The filing was made by Aniket Kokane, Company Secretary & Compliance Officer, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Divgi TorqTransfer Systems Limited has secured a strategic order from an existing leading Indian Original Equipment Manufacturer (OEM) to supply All-Wheel Drive (AWD) systems. The company will manufacture Interactive Torque Management (ITM) Assemblies, Electronic Control Units (ECU), and Power Transfer Unit (PTU) Assemblies for the OEM's upcoming AWD variants of mid-sized and full-sized SUV models. This development is significant as it marks the OEM's first Front Wheel Drive based AWD variant development for internal combustion powertrain models, reflecting growing market adoption of advanced AWD technologies.

The program entails an annual supply of approximately 6,000 units of ITM Assemblies, ECUs, and PTU Assemblies for a period of five years. Production is scheduled to commence from Q1 FY28. Divgi TorqTransfer Systems will leverage its NexTrac platform, which integrates advanced software-controlled torque management systems, electromagnetic actuation technologies, and precision clutch modulation, to deliver a fully integrated drivetrain solution including hardware and embedded control systems.

Order Details

The key parameters of the order are summarised below:

Strategic Significance

The award underscores the OEM's continued confidence in Divgi TorqTransfer Systems' engineering capabilities and proprietary technology leadership. The AWD variants are expected to enhance the capabilities of the OEM's SUVs under multiple terrain conditions, thereby serving a larger customer base. This order positions the company to benefit from the increasing demand for enhanced vehicle performance and driving dynamics.

Jitendra Divgi, Managing Director of Divgi TorqTransfer Systems Limited, stated that the award is a testament to the customer's confidence in the company's engineering capabilities and execution excellence. He highlighted that the selection to supply assemblies for the entire range of SUV variants strengthens the company's position as a trusted partner for critical drivetrain systems. Divgi noted that as consumer preference for performance grows, AWD technologies are gaining relevance, providing long-term business visibility and reinforcing the commitment to innovative solutions.