Triveni Turbine Limited Announces Q1 Results; Approves Corporate Guarantees for Overseas Subsidiaries
Triveni Turbine Limited has announced the approval of its unaudited financial results for the quarter ended June 30, 2026. The company also ratified the issuance of corporate guarantees in connection with working capital facilities for two of its international subsidiaries.The Board of Directors approved both the standalone and consolidated unaudited financial results during a meeting held on August 10, 2026. These results reflect the operational performance across the Group, while the guarantees support the working capital needs of Triveni Turbines FZCO in Dubai and Triveni Turbines Africa Pty Limited in South Africa.
Q1 Financial Performance Snapshot (Ended June 30, 2026)
The financial statements provide detailed insights into the company's performance during the quarter, alongside year-on-year comparisons. Consolidated results show significant income streams across multiple periods.Key figures from both standalone and consolidated results for the quarter ended June 30, 2026 are presented below:
Consolidated Financial Performance (in Millions)
| Particulars | Q Ended Jun 30, 2026 (Unaudited) | Q Ended Mar 31, 2026 (Audited) | Q Ended Jun 30, 2025 (Unaudited) | Y Ended Mar 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 4,427 | 6,796 | 3,713 | 21,811 |
| Total Income | 4,711 | 6,960 | 3,935 | 22,576 |
| Profit Before Tax | 697 | 1,344 | 872 | 4,888 |
| Net Profit After Tax | 511 | 1,019 | 644 | 3,494 |
| Total Comprehensive Income | 599 | 1,137 | 516 | 3,659 |
Corporate Guarantees for International Subsidiaries
The Board approved the issuance of corporate guarantees by Triveni Turbine Limited concerning working capital facilities to its wholly owned subsidiaries. This commitment supports the business activities of these overseas entities.The material commitments include:
- Triveni Turbines FZCO (Dubai): The company provided a Corporate Guarantee in favor of a leading bank for up to USD 3,000,000 ($3Mln) to support a non-fund based working capital facility for the Dubai subsidiary.
- Triveni Turbines Africa Pty Limited (South Africa): A guarantee was approved in favor of a leading bank for up to USD 9,000,000 ($9Mln) for the South African subsidiary's non-fund based working capital facility.
The guarantees are structured such that if either subsidiary fails to honor its claim under the facilities, the bank has the right to claim the full amount from Triveni Turbine Limited.
TRITURBINE Stock Price Movement
Today, Triveni Turbine Limited saw its stock shed 0.54%, settling at ₹636.75 in post-market trading. The equity traded across a range from a low of ₹631.6 to a high of ₹648 during the session, with a total volume of 455,628 shares recorded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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