Triveni Engineering Posts 14% Rise In March Quarter Profit On Higher Revenue

Triveni Engineering and Industries Ltd.’s consolidated net profit for the March quarter rose 13.6% on year to ₹1.83 billion. Revenue from operations grew over 24% to ₹19.25 billion. Sequentially, net profit jumped nearly fourfold and revenue increased 20.3%. Other income fell to ₹92.5 million from ₹155.5 million a year ago.

Total expenditure, including finance costs, was ₹16.79 billion for the quarter, compared with ₹13.47 billion a year ago. Finance costs rose over 67% to ₹301.1 million. Tax expense increased to ₹680.5 million from ₹557 million.

For 2024-25, net profit declined over 38% to ₹2.43 billion, while revenue grew almost 11% to ₹68.08 billion. The company declared a dividend of ₹2.50 per share.