Triveni Turbine Q1 Profit Jumps 32% to Rs 80 Cr - Business News
Aug 05, 2024 19:22
Triveni Turbine reported a 32% rise in consolidated net profit to Rs 80.41 crore in the June quarter, driven by higher income. Read more about the company's financial performance.
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.
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.
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