New Delhi, Aug. 5 -- Triveni Turbine share price dipped more than 8% during Tuesday's trading session after reporting disappointing Q1 results. The industrial steam turbine manufacturer, Triveni Turbine Ltd, announced on Monday (August 4) a net profit decrease of 19.3% for the first quarter of the current fiscal year, reaching Rs.64.5 crore, compared to Rs.80 crore in Q1FY25. Revenue also saw a decline of 19.9%, dropping to Rs.371.3 crore from Rs.463.3 crore year-over-year.
In terms of operating performance, EBITDA fell 22.1% to Rs.73.8 crore for the April-June quarter, down from Rs.95.6 crore the previous year. The EBITDA margin decreased to 19.8%, down from 20.6% during the same quarter last fiscal year.
The company has set Monday, Se...
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