Triveni Turbine Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Triveni Turbine Ltd reported a 0.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 17.1%.
- Its expenses for the quarter were up by 1.1% QoQ and 13.3% YoY.
- The net profit increased 1.8% QoQ and increased 35.6% YoY.
- The earnings per share (EPS) of Triveni Turbine Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 525.50 | 520.70 | 448.92 | 0.9% | 17.1% |
Total Expenses | 401.00 | 396.60 | 354.06 | 1.1% | 13.3% |
Profit Before Tax | 124.50 | 124.10 | 94.86 | 0.3% | 31.2% |
Tax | 32.00 | 33.10 | 26.41 | -3.3% | 21.2% |
Profit After Tax | 92.60 | 91.00 | 68.30 | 1.8% | 35.6% |
Earnings Per Share | 2.90 | 2.90 | 2.10 | 0.0% | 38.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Triveni Turbine Ltd is a leading manufacturer of steam turbines, primarily catering to industrial and renewable energy sectors. The company specializes in the design, manufacture, and servicing of steam turbines, serving clients in various industries, including sugar, steel, textiles, and chemicals. Triveni Turbine is known for its strong presence in the industrial steam turbines market, offering a range of turbines with capacities up to 100 MW. The company has a notable track record of innovation and efficiency in its products, contributing to its competitive edge in the market. However, specific details about any recent major developments are not available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Triveni Turbine Ltd reported a total income of ₹525.50 crores, which marks a 0.9% increase from the previous quarter (Q2FY25) where the total income was ₹520.70 crores. Comparing year-over-year (YoY), there is a significant increase of 17.1% from Q3FY24, when the total income was ₹448.92 crores. This growth in revenue suggests an upward trend in the company's financial performance over the past year.
Profitability
Profitability for Triveni Turbine Ltd has shown a positive trajectory in Q3FY25. The company recorded a profit before tax of ₹124.50 crores, a slight quarter-over-quarter (QoQ) increase of 0.3% from ₹124.10 crores in Q2FY25, and a robust year-over-year (YoY) rise of 31.2% from ₹94.86 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹92.60 crores, an increase of 1.8% from the previous quarter's ₹91.00 crores, and a notable 35.6% increase from ₹68.30 crores in Q3FY24. Earnings per share (EPS) remained consistent at ₹2.90 compared to Q2FY25, but increased by 38.1% from ₹2.10 in the same quarter last year.
Operating Metrics
Triveni Turbine Ltd's total expenses for Q3FY25 were reported at ₹401.00 crores, reflecting a 1.1% increase from ₹396.60 crores in Q2FY25 and a 13.3% increase compared to ₹354.06 crores in Q3FY24. The tax expense for the quarter was ₹32.00 crores, which is a decrease of 3.3% from ₹33.10 crores in the previous quarter, yet a 21.2% increase from the ₹26.41 crores reported in Q3FY24. These figures indicate a stable cost management strategy, with the tax burden decreasing QoQ while still reflecting an increase YoY.
