TRITURBINENSETriveni Turbine Limited· Electrical EquipmentMediumNeutral
Announced Mon, 18 May · 18:34 IST

Triveni Turbine Limited has informed the Exchange regarding Re-Appointment of Mr Vijay kumar Thadani as Independent Director of the company w.e.f. December 15, 2026, subject to shareholders approval in ensuing AGM..

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TRITURBINE · price

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Price reaction · full curve 14 horizons · vs prior close
+9.9%1-day move
₹595.00
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₹587.80
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AI summary

Triveni Turbine's Board approved Q4 and FY2026 audited financial results showing standalone revenue of Rs 20,097 million (up 12% YoY) with PAT of Rs 3,367 million. Consolidated revenue stood at Rs 21,811 million with PAT of Rs 3,494 million. The Board recommended a final dividend of Rs 2 per share (200%) for FY2026, in addition to an interim dividend of Rs 2.25 already paid. Two Independent Directors - Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi - were re-appointed for second terms of 5 years each, subject to shareholder approval at the AGM. A one-time exceptional charge of Rs 157 million was recorded due to new labour code implementation.

Likely market impact

The company showed revenue growth but PAT declined due to exceptional items. The re-appointment of independent directors ensures board stability. The dividend payout reflects confidence in cash generation, which is positive for shareholders.