StockWatch
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Heavy Electrical Equipment
Business Update11 Nov 2026, 06:20 pm

Triveni Turbine Enhances Corporate Guarantee for Subsidiary

AI Summary

Triveni Turbine Ltd announced that its Board of Directors, in a meeting held on November 11, 2026, approved the enhancement of a Corporate Guarantee previously issued in favor of its step-down wholly owned subsidiary, Triveni Turbines Africa Pty Limited (TTAPL). This enhancement is in connection with a working capital facility (non-fund based) that TTAPL intends to avail. The company also approved the Unaudited Standalone and Consolidated Financial Results for the second quarter and half-year ended September 30, 2026. For the quarter ended September 30, 2026, consolidated total income from operations was ₹4,910 million, with a net profit after tax of ₹533 million. Standalone total income from operations was ₹4,631 million, with a net profit after tax of ₹555 million.

Key Highlights

  • Board approved enhancement of corporate guarantee for subsidiary TTAPL.
  • Guarantee supports working capital facility for TTAPL.
  • Unaudited Q2 FY27 consolidated revenue at ₹4,910 million.
  • Unaudited Q2 FY27 consolidated PAT at ₹533 million.
  • Unaudited Q2 FY27 standalone PAT at ₹555 million.