Triveni Turbine Reports Marginal Profit Dip Amid Exceptional Items
Triveni Turbine announced a 1% decrease in consolidated net profit for Q3 FY26, citing exceptional items as the cause. Excluding these items, the profit rose by 12.76% YoY. The company also declared an interim dividend of Rs 2.25 per share.
- Country:
- India
Triveni Turbine has reported a slight decline in its consolidated net profit by 1% to Rs 91.7 crore for the December quarter. The decrease is attributed to certain exceptional items, according to a statement from the company.
Excluding these exceptional items, as well as the share of results from joint ventures, the company's profit after tax rose to Rs 1,043 million (Rs 104.3 crore) in Q3 FY26, marking a 12.76% increase compared to Rs 926 million (Rs 92.6 crore) in the same quarter of the previous year.
Additionally, the company's board of directors has sanctioned the payment of an interim dividend of Rs 2.25 per equity share for the financial year ending on March 31, 2026.
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