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Triveni Engineering and Industries Ltd Q2FY24; 98% fall in Profits

Triveni Engineering and Industries Ltd is an Integrated and diversified conglomerate in areas of sugar, ethanol and engineering. it is located strategically in sugarcane-rich western and central belt of UP. The company is among the Top 3 manufacturers in India for sugar & second highest supplier for ethanol.

Financial Results:

Triveni Engineering and Industries Ltd reported Revenues for Q2FY24 of ₹1,409.00 Crores up from ₹1,346.00 Crore year on year, a rise of 4.68%.

Total Expenses for Q2FY24 of ₹1,382.00 Crores up from ₹1,341.00 Crores year on year, a rise of 3.06%.

Consolidated Net Profit of ₹29.00 Crores down 97.91% from ₹1,388.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.33, down 97.68% from ₹57.40 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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