Appointment of Secretarial Auditor
Awaiting price reaction for this filing.
Triveni Engineering & Industries Ltd. announced audited FY25 results with standalone revenue rising 8.2% YoY to Rs. 6,655.40 crores, but standalone profit after tax falling ~36.5% to Rs. 248.42 crores (EPS at Rs. 11.35 vs Rs. 17.89). Q4 FY25 standalone PAT was Rs. 175.04 crores, up ~9.5% YoY. The Board recommended a 250% dividend (Rs. 2.50 per share) with record date September 1, 2025, and the 89th AGM is scheduled for September 8, 2025. Suresh Gupta & Associates was appointed as Secretarial Auditor for five years (FY26–FY30), and cost auditors were appointed for the Sugar and Power Transmission businesses. Statutory auditors S.S. Kothari Mehta & Co. LLP issued an unmodified opinion on the results. A pending Composite Scheme of Arrangement (amalgamation of Sir Shadi Lal Enterprises and demerger of Power Transmission business) awaits stock exchange approval.
Mixed signals for shareholders: top-line growth is healthy but profitability dropped sharply YoY due to higher input costs and lower sugar segment results. The Rs. 2.50 dividend provides income support, while the restructuring scheme could unlock value if approved. Short-term sentiment may be cautious given the profit decline.