Published on 05/08/2025 09:54 AM
Triveni Turbine share price dipped more than 8% during Tuesday's trading session after reporting disappointing Q1 results. The industrial steam turbine manufacturer, Triveni Turbine Ltd, announced on Monday (August 4) a net profit decrease of 19.3% for the first quarter of the current fiscal year, reaching ₹64.5 crore, compared to ₹80 crore in Q1FY25. Revenue also saw a decline of 19.9%, dropping to ₹371.3 crore from ₹463.3 crore year-over-year.
In terms of operating performance, EBITDA fell 22.1% to ₹73.8 crore for the April-June quarter, down from ₹95.6 crore the previous year. The EBITDA margin decreased to 19.8%, down from 20.6% during the same quarter last fiscal year.
The company has set Monday, September 1, 2025, as the record date for the distribution of the final dividend for FY25. If approved in the AGM, the dividend will be disbursed on or before October 7, 2025.
(more to come)
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It'll just take a moment.