Triveni Turbine Q2 profit drops 41.6% to ₹53.3 crore
In short
Triveni Turbine reported Q2 FY27 net profit of ₹53.3 crore, down 41.6% from a year ago. Revenue fell 3% to ₹491 crore, and EBITDA dropped 43.9% to ₹64 crore. The company also raised its corporate guarantee for its South African subsidiary by up to $6 million.
The results show weaker earnings, while the higher guarantee gives the subsidiary more support.
What the reporting says
Triveni Turbine reported a 41.6% year-on-year drop in Q2 FY27 net profit to ₹53.3 crore, while revenue fell 3% to ₹491 crore. EBITDA declined 43.9% to ₹64 crore and margins contracted to 13%, according to a CNBC TV18 Market summary. Separately, the company raised its corporate guarantee for its South African subsidiary by up to $6 million, taking the aggregate facility limit to $15 million.
Why it matters
Triveni Turbine posted a 41.6% year-on-year fall in Q2 FY27 net profit to ₹53.3 crore as revenue slipped 3% to ₹491 crore and EBITDA dropped 43.9% to ₹64 crore. Margins narrowed to 13%. Separately, the company increased its corporate guarantee for its South African subsidiary by up to $6 million, lifting the aggregate facility limit to $15 million.