Appointment of Cost Auditor for FY 2026-27.
TRITURBINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Triveni Turbine Limited's Board meeting on May 18, 2026 approved audited financial results for FY26. Standalone revenue grew 12% to Rs 20,097 million, but net profit declined 10% to Rs 3,367 million due to a Rs 157 million exceptional charge from new labour code implementation. Consolidated revenue rose 9% to Rs 21,811 million with PAT of Rs 3,494 million. The Board recommended a final dividend of Rs 2 per share (200%) for FY25-26, in addition to Rs 2.25 per share interim dividend already paid. Two independent directors, Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi, were re-appointed for second terms. M/s J.H. & Associates was appointed Cost Auditor for FY27, subject to shareholder approval.
The company showed revenue growth but profit decline due to one-time labour code impact. Consistent dividend policy with 425% total payout demonstrates shareholder-friendly approach. The 10% PAT decline on standalone basis and lower EPS may create near-term pressure on stock price despite strong revenue growth.