Latest News | Triveni Turbine Q1 Profit Grows to Rs 80 Cr
Get latest articles and stories on Latest News at LatestLY. Triveni Turbine on Monday posted about 32 per cent rise in consolidated net profit at Rs 80.41 crore for June quarter FY25 on account of higher income.
New Delhi, Aug 5 (PTI) Triveni Turbine on Monday posted about 32 per cent rise in consolidated net profit at Rs 80.41 crore for June quarter FY25 on account of higher income.
It had reported a net profit of Rs 60.96 crore for the year-ago period, the company said in an exchange filing.
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Total income rose to Rs 482.67 crore from Rs 389.77 crore in April-June FY24.
"Revenues during the quarter grew 23 per cent over the previous year to reach record quarterly levels of Rs 463 crore. EBITDA grew by 36 per cent y-o-y and Profit Before Tax (PBT) grew stronger at 37 per cent y-o-y," CMD Dhruv M Sawhney said.
Triveni Turbine offers steam turbine solutions for industrial captive and renewable power.
(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)