BSELowNeutral
Announced Sat, 10 May · 20:45 IST

Appointment of Cost Auditor

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Triveni Turbine's board approved audited standalone and consolidated financial results for Q4 and FY25, with statutory auditors Walker Chandiok & Co LLP giving an unmodified opinion. Standalone revenue grew to Rs. 1,795 crore (vs Rs. 1,379 crore in FY24), and standalone profit after tax jumped to Rs. 374 crore (vs Rs. 209 crore), helped by a Rs. 36 crore exceptional gain from capital reduction of a subsidiary. Consolidated revenue stood at Rs. 2,006 crore with PAT of Rs. 359 crore. The board recommended a final dividend of Rs. 2 per share (200%) for FY25, on top of an interim dividend already paid, taking total dividend to Rs. 4 per share. Cost Auditor M/s. J.H. & Associates was appointed for FY26, and Sanjay Grover & Associates was appointed as Secretarial Auditor for 5 years. Two senior executives were designated as Senior Management Personnel, and continuation of Independent Director Mr. Vijay Kumar Thadani (turning 75) was recommended for shareholder approval.

Likely market impact

Strong FY25 results with ~30% standalone revenue growth and ~79% PAT growth signal robust business momentum; the Rs. 4 per share total dividend is attractive for income-seeking shareholders. Routine auditor appointments and governance changes are positive signs of stable leadership and regulatory compliance, likely supportive of investor confidence.