Triveni Turbine Limited announced its financial results for the first quarter of FY27, ending June 30, 2026. The company reported a strong 19.2% year-over-year revenue growth, reaching ₹4.43 billion. Despite a decline in EBITDA and PBT margins due to an unfavorable mix and strategic order phasing, order booking saw a healthy 6.1% increase, driven by exports and aftermarket services.
Triveni Turbine Reports Strong Q1 FY27 Performance
Triveni Turbine Limited (TTL) has announced its financial results for the quarter ended June 30, 2026, showcasing robust top-line growth and sustained order booking momentum.
Key Financial Highlights: Q1 FY27
- Revenue from Operations: Increased by 19.2% year-over-year to ₹4.43 billion (compared to ₹3.71 billion in Q1 FY26).
- Domestic Revenue: Saw a significant increase of 27.4% year-over-year.
- Export Revenue: Grew by 10.8% year-over-year.
- EBITDA: Stood at ₹797 million, down 16.8% year-over-year. The company cited an unfavorable mix and strategic order phasing for the margin impact.
- Profit Before Tax (PBT): Declined by 20.1% year-over-year to ₹697 million.
- Profit After Tax (PAT): Decreased by 20.6% year-over-year to ₹511 million.
Order Booking and Backlog Strength
The company reported a healthy 6.1% year-over-year growth in order booking for the quarter, reaching ₹5.68 billion. Notably, export order booking surged by 53.4%, contributing 67.6% of the total order booking. Aftermarket order booking also grew substantially by 53.4% to ₹2.24 billion.
Triveni Turbine maintained a strong outstanding order book of ₹21.80 billion as of June 30, 2026, representing a 5.1% increase year-over-year. This robust backlog provides significant visibility for future revenue and margin performance, particularly for the second half of FY27.
Operational Outlook
The company remains optimistic about its future prospects, driven by a healthy enquiry pipeline and the strong order backlog. The growing global emphasis on energy efficiency, decarbonization, and renewable thermal solutions is creating a sustained demand environment across key markets. Triveni Turbine is well-positioned to leverage international demand across various segments, including oil & gas, biomass, and waste-to-energy, to sustain business growth and margin recovery.
Source: BSE
