Mumbai, January 31, 2025 – Triveni Turbine Limited (NSE: TRITURBINE, BSE: 533655) has announced its unaudited financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2024. The company’s Board of Directors also declared an interim dividend and approved key corporate actions.
Key Financial Highlights (Standalone & Consolidated)
Standalone Financial Performance
| Particulars | Q3 FY25 | Q3 FY24 | QoQ Growth | 9M FY25 | 9M FY24 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹4,406 Mn | ₹3,862 Mn | 14.1% | ₹13,048 Mn | ₹9,964 Mn | 30.9% |
| EBITDA | ₹1,500 Mn | ₹1,268 Mn | 18.3% | ₹5,033 Mn | ₹3,578 Mn | 40.7% |
| PAT | ₹1,213 Mn | ₹882 Mn | 37.6% | ₹2,807 Mn | ₹1,506 Mn | 86.4% |
| EPS (₹) | 3.81 | 2.83 | 34.6% | 8.82 | 4.74 | 86.0% |
- Revenue Growth: Driven by strong demand for power-generating equipment and solutions.
- EBITDA Margin Expansion: Improved operational efficiencies contributed to higher profitability.
- PAT Surge: Increased bottom-line growth supported by higher revenue and cost optimizations.
Consolidated Financial Performance
| Particulars | Q3 FY25 | Q3 FY24 | QoQ Growth | 9M FY25 | 9M FY24 | YoY Growth |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹5,034 Mn | ₹4,317 Mn | 16.6% | ₹14,678 Mn | ₹11,959 Mn | 22.7% |
| EBITDA | ₹1,246 Mn | ₹947 Mn | 31.5% | ₹5,365 Mn | ₹3,578 Mn | 50.0% |
| PAT | ₹926 Mn | ₹683 Mn | 35.6% | ₹2,640 Mn | ₹1,933 Mn | 36.5% |
| EPS (₹) | 2.92 | 2.15 | 35.8% | 8.29 | 6.08 | 36.3% |
- Robust Growth in Consolidated Revenue: Expansion in international markets contributed significantly.
- Strong Earnings Per Share (EPS) Performance: Reflects continued financial strength and operational excellence.
Corporate Announcements
Declaration of Interim Dividend
- The Board declared an Interim Dividend of ₹2/- per share (200% on a face value of ₹1/- per share) for FY25.
- Record Date: February 6, 2025.
- Payment Date: On or before February 17, 2025.
Appointment of Secretarial Auditor
- Firm: M/s. Sanjay Grover & Associates (SGA)
- Appointment Period: FY 2024-25
- Expertise: Compliance management, corporate governance, SEBI regulations.
Management Commentary
Dhruv M. Sawhney, Chairman & Managing Director, stated:"Our continued focus on innovation and operational efficiency has led to sustained growth. The robust order pipeline, strong financials, and our commitment to delivering high-quality turbine solutions position us well for the future."
Strategic Outlook
- Growth Opportunities: Expansion into new international markets.
- Innovation Focus: Increasing investment in R&D to enhance turbine efficiency.
- Strong Order Book: Continued demand in the power and industrial segments.