Triveni Turbine Ltd (NSE: TRITURBINE): The share of Triveni Turbine Ltd witnessed a massive rally and hit an all-time high after the company announced impressive Q2FY25 results.
The share of Triveni Turbine Ltd was trading 8.54% higher at ₹ 679.5 per share on the BSE while the BSE Sensex was down 0.09% at 79,424. The market capitalization of the firm was 21,599.74 crore rupees.
The stock has a 52-week high price of ₹ 843.95 per share and a lowest price of ₹ 364.85 per share and has a P/E ratio of 71.62. The dividend yield of the company is 0.40%.
After the market closed last day, Triveni Turbine Ltd announced a 42% increase in its consolidated net profit (PAT) for the September 2024 quarter. The company’s net profit stood at ₹ 91 crore as against ₹ 64 crore in the same quarter last year.
The company’s total income stood at ₹ 520.7 crore as against ₹ 402.3 crore in the same period last year. Dhruv M. Sawhney Chairman and Managing Director of Triveni Turbine, said that Triveni Turbine has recorded impressive results across all the key metrics of profits, revenue, and order booking.
In Q2FY25, the company’s order booking grew by 25% to ₹ 572 crore. The special thing is that export orders increased by 50% to reach ₹ 304 crore.
Triveni Turbine Limited was established in 1995 and specializes in the design, manufacture, and service of industrial steam turbines and related products.
The company provides sustainable energy solutions in power generation, sugar, chemical, and process industries.
The company’s share has registered a gain of 61.11% in the last year while the Sensex has increased by 22% during this period.
Quick Fact
| Company name | Triveni Turbine |
|---|---|
| Industry | Power generation, Sugar, Chemical, and Process Industries |
| Founded | 1995 |
| Products | Industrial steam turbines, Related products |
| Core business | Sustainable energy solutions |
| Stock price (10:51 am) | ₹8.54% |
| High price (Tuesday) | ₹698.65 |
| Low price (Tuesday) | ₹626.05 |
| 52-week high | ₹843.95 |
| 52-week low | ₹364.85 |
| Closing price (Tuesday) | ₹650 (3.94% up) |
| Q2FY25 net profit increase | 42% |
| Q2FY25 net profit | ₹91 crore |
| Last year’s Q2 net profit | ₹64 crore |
| Q2FY25 total income | ₹520.7 crore |
| Last year’s Q2 income | ₹402.3 crore |
| Order booking increase (Q2FY25) | 25% |
| Q2FY25 order booking | ₹572 crore |
| Export orders increase (Q2FY25) | 50% |
| Q2FY25 export orders | ₹304 crore |
| Dividend yield | 0.40% |
| P/E ratio | 71.62 |
| 1-year share gain | 61.11% |
| Sensex gain in 1 year | 22% |
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