
Business Update10 Aug 2026, 06:40 pm
Triveni Turbine Issues Corporate Guarantees for Subsidiaries
AI Summary
Triveni Turbine Ltd announced the approval of corporate guarantees for working capital facilities for its step-down wholly owned subsidiaries, Triveni Turbines FZCO (Dubai) and Triveni Turbines Africa Pty Limited (South Africa). The decision was made during the Board of Directors meeting held on August 10, 2026. The company also approved its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Consolidated total income from operations was ₹4,427 million, with a net profit after tax of ₹511 million. Standalone total income from operations was ₹3,968 million, with a net profit after tax of ₹505 million.
Key Highlights
- Corporate guarantees issued for subsidiaries' working capital.
- Subsidiaries are Triveni Turbines FZCO and Triveni Turbines Africa Pty Limited.
- Unaudited Q1 FY27 consolidated revenue at ₹4,427 million.
- Unaudited Q1 FY27 consolidated PAT at ₹511 million.
- Board meeting also approved Q1 FY27 financial results.
Price Impact
More from TRITURBINE