Triveni Turbine Achieves Record Quarterly Growth in June FY25

Triveni Turbine reported a 32% increase in consolidated net profit for Q1 FY25, reaching Rs 80.41 crore, up from Rs 60.96 crore in the previous year. Revenue rose by 23% to Rs 463 crore, driven by higher income and robust performance. EBITDA and PBT also saw significant growth.

Triveni Turbine on Monday reported a substantial 32 per cent increase in consolidated net profit, totaling Rs 80.41 crore for the June quarter of FY25, largely attributed to higher income.

Compared to the same period last year, when the company posted a profit of Rs 60.96 crore, this year's figures indicate robust growth, according to the company's exchange filing.

Total income for the quarter surged to Rs 482.67 crore, a significant rise 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,'' said CMD Dhruv M Sawhney. Triveni Turbine provides steam turbine solutions for industrial captive and renewable power.

(With inputs from agencies.)