Triveni Turbine Limited has informed the Exchange regarding 'Appointment of Cost Auditor'.
TRITURBINE · price
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Awaiting price reaction for this filing.
Triveni Turbine's board approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditor Walker Chandiok & Co LLP issuing an unmodified opinion. On a consolidated basis, full-year revenue from operations rose to Rs. 20,058 million (up from Rs. 16,540 million in FY24) and net profit grew to Rs. 3,586 million (up from Rs. 2,695 million), translating to an EPS of Rs. 11.28 versus Rs. 8.47. The board recommended a final dividend of Rs. 2 per share (200%) for FY25, in addition to the Rs. 2 interim dividend already paid, taking total dividend for the year to Rs. 4 per share. It also approved the appointment of M/s. J.H.& Associates as Cost Auditor for FY26 and M/s. Sanjay Grover & Associates as Secretarial Auditor for five years, designated two senior officials as Senior Management Personnel, and continued Mr. Vijay Kumar Thadani as Independent Director past age 75.
Strong FY25 earnings with roughly 30% revenue growth and over 75% standalone profit growth, combined with a doubled total dividend payout, are positive signals for shareholders. The new auditor and senior management appointments are routine governance items and unlikely to move the stock on their own.