Triveni Turbine declares 200% dividend as Q4 net profit and revenue rise

Triveni Turbine declares 200% dividend as Q4 net profit and revenue rise


Manufacturer of industrial steam turbines Triveni Turbine Ltd, on Monday (May 18), reported an 8.5% year-on-year increase in consolidated net profit for the fourth quarter at ₹101.9 crore, compared with ₹93.9 crore in the corresponding quarter last year.

Revenue grew 26.3% year-on-year to ₹680 crore from ₹538 crore in the same period last year. EBITDA rose to ₹128 crore from ₹120.4 crore, up 6.3% year-on-year. The EBITDA margin declined to 18.8% from 22.4% in the year-ago period.

ALSO READ | Triveni Turbine Q2 profit flat at ₹91 crore; revenue up 1% YoY

The board recommended a final dividend of 200%, equivalent to ₹2 per fully paid-up equity share of face value ₹1 each, for FY26, subject to shareholder approval at the annual general meeting scheduled for September 9, 2026. The dividend, if approved, will be paid within 30 days of declaration, after tax deduction at source.

The board also approved, subject to shareholder approval, the re-appointment of independent directors. Vijay Kumar Thadani will be re-appointed as non-executive independent director for five years from December 15, 2026, to December 14, 2031. Vipin Sondhi will be re-appointed for five years from March 17, 2027, to March 16, 2032.

Shares of Triveni Turbine Ltd ended at ₹595.40, down by ₹11.45, or 1.89%, on the BSE today, May 18.

ALSO READ | Triveni Turbine sees strong sales growth in Q3, but profit remains flat



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