Triveni Turbine Limited has informed the Exchange that Record date for the purpose of Dividend is 02-Sep-2026.
TRITURBINE · price
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Triveni Turbine reported FY2026 standalone revenue of Rs 20,097 million (up 12% YoY) and consolidated revenue of Rs 21,811 million. Consolidated net profit was Rs 3,494 million vs Rs 3,586 million in FY2025, impacted by a one-time exceptional charge of Rs 157 million due to new labour code implementation. The Board recommended a final dividend of 200% (Rs 2 per share) on face value of Rs 1, taking total dividend for FY26 to 425% (Rs 4.25 per share including Rs 2.25 interim already paid). Record date for dividend entitlement is September 2, 2026. Two independent directors, Mr. Vijay Kumar Thadani and Mr. Vipin Sondhi, were re-appointed for another 5-year term subject to shareholder approval.
The company delivered revenue growth but PAT declined due to the exceptional labour code charge and higher tax outgo. Total dividend of 425% translates to approximately 4.25% yield at current prices, which is attractive for income-focused investors. The stock may see a positive reaction given the consistent dividend payout and strong cash generation.