Triveni Turbine Limited has informed the Exchange regarding Change in Auditors of the company.
TRITURBINE · price
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Triveni Turbine Limited held its Board meeting on May 18, 2026, approving audited financial results for FY2026. Standalone revenue grew 12% to Rs 20,097 million, but profit after tax declined 10% to Rs 3,367 million due to a Rs 157 million one-time exceptional charge related to new labour code implementation. Consolidated revenue increased 9% to Rs 21,811 million with PAT of Rs 3,494 million. The company recommended a final dividend of Rs 2 per share (200%) in addition to the Rs 2.25 interim dividend already paid. The Board also approved re-appointment of two independent directors - Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi - for second terms of 5 years each. Cost auditor M/s J.H.& Associates was appointed for FY2026-27.
Despite revenue growth, the decline in profitability and the headline mismatch with the Exchange filing category may cause short-term concern among investors. However, the consistent dividend payouts and board continuity signals stable governance.