Triveni Turbine Q1FY24 Results: Consolidated PAT of Rs. 60.75 Cr

Triveni Turbine Q1FY24 Results: Consolidated PAT of Rs. 60.75 Cr

Triveni Turbine Q1 results show revenue up from 382.24 crores to 389.77 crores, a 1.97% increase in growth. EPS rise from ₹1.73 to ₹1.91, up by 10.40%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Triveni Turbine shared its Q1 results on Tuesday. They earned 389.77 crores in revenue this quarter, but that’s more than the 382.24 crores they made last quarter. The company’s growth increased by 1.97 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 60.75 crores, up from 55.51 crores in the previous quarter. Their quarter-to-quarter growth increased by 9.44 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹1.91, which is an increase of 10.40% from the ₹1.73 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 389.77 crores this year (2023), which is 46.26 percent higher than last year’s total revenue of 266.49 crores.

This year’s PAT (Profit After Tax) is 382.24 crores, which is also 58.82% higher than last year’s PAT of 38.25 crores.

The EPS (Earnings Per Share) for this year is ₹1.91, which is 61.86% more than the EPS of ₹1.18 earned last year.

Also Read: PVR INOX Q1FY24 Results: Consolidated PAT Rises to Rs. 81.6 Cr

Triveni Turbine Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Triveni Turbine:

Triveni Turbine Ltd. specializes in the production of industrial steam turbines. The company provides tailor-made Condensing and Back Pressure steam turbines to a wide range of industry segments, including Biomass Independent Power Producers (IPP), Municipal Solid Waste IPP, District Heating, Palm Oil, Paper, Sugar, Textiles, Metals, Cement, and Oil and Gas.

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