Latest News | Triveni Turbine PAT Rises 42 Pc to Rs 91 Cr in Sep Qtr

New Delhi, Nov 11 (PTI) Triveni Turbine on Monday reported a 42 per cent on-year rise in consolidated profit after tax to Rs 91 crore in the September 2024 quarter, pushed by higher income.

It posted a Profit After Tax (PAT) of Rs 64 crore in the July-September quarter of preceding 2023-24 financial year, the company said in a regulatory filing.

Also Read | Shillong Teer Results Today, November 11 2024: Winning Numbers, Result Chart for Shillong Morning Teer, Shillong Night Teer, Khanapara Teer, Juwai Teer and Jowai Ladrymbai.

Total income rose to Rs 520.7 crore from Rs 402.3 crore a year ago.

In a statement, Dhruv M Sawhney, Chairman and Managing Director of Triveni Turbine, said: "We have reported another strong set of results across all key metrics of revenues, profitability and order booking."

Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for November 11, 2024 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game.

In Q2 FY25, order booking grew 25 per cent Year-on-Year (YoY) to Rs 5.72 billion driven by export order booking which increased 50 per cent YoY to Rs 3.04 billion.

Key drivers of growth in product order booking were finalisation of orders by industrial customers for biomass-based process cogeneration along with API (American Petroleum Institute) turbines.

Triveni Turbine is amongst the leading manufacturers of industrial steam turbines both in India and globally.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)