Categories Earnings, Industrials

Triveni Turbines Ltd Q4FY23 results out, revenue grows by 56%

Triveni Turbine Ltd is primarily engaged in business of manufacture and supply of power generating equipment and solutions. It was a division of Triveni Engineering & Industries Ltd since 1970s and was demerged w.e.f from Oct 2010 into a separate entity. The company’s product portfolio includes a wide range of turbines of different types ranging from 1-100 MW in capacities. It manufactures turbines for various industries such as sugar, cement, chemicals, textiles, palm oil, paper, steel, biomass power, distillery, waste-to-energy, carbon black, oil & gas, food, district heating and defence.

  • Triveni Turbines Ltd reported Total revenue for Q4 FY23 of ₹370 Crore, up from ₹237 Crore year on year depicting a growth of 56%.
  • Total Expenses for Q4 FY23 of ₹309 Crore up, from ₹200 Crore year on year, a growth of 54.5%. 
  • Consolidated Net Profit of ₹56 Crore, up 70% from ₹33 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹1.73, up 70% from ₹1.02 in the same quarter of the previous year.

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