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HomeNewsBusinessEarningsTriveni Engineering net profit rises 11% to Rs 66.6 crore in Q1

Triveni Engineering net profit rises 11% to Rs 66.6 crore in Q1

Revenue for the company increased 5 percent to Rs 1439 crore in the April-to-June quarter.

July 25, 2023 / 17:50 IST
Triveni Engineering has a principle positioning in sugar, alcohol, power co-generation, water and wastewater treatment solutions, and power transmission.
     
     
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    Triveni Engineering reported an 11 percent increase year-on-year  to Rs 66.6 crore in its net profit for the quarter ending June 30.

    Revenue for the company increased 5 percent to Rs 1439 crore in the April-to-June quarter as compared with the same period a year before.

    Revenue from the sugar and allied business fell marginally by 0.6 percent to Rs 1422.11 crore in the April-to-June quarter as compared with the same period a year ago. Engineering revenue was up 24 percent year-on-year at Rs 118.13 crore in the same period.

    Triveni Engineering has a principle positioning in sugar, alcohol, power co-generation, water and wastewater treatment solutions, and power transmission.

     

    Moneycontrol News
    first published: Jul 25, 2023 05:39 pm

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