Triveni Turbine Limited announced its financial results for the second quarter (Q2) and first half (H1) of FY27, ending September 30, 2026. For H1 FY27, the company reported a 6.4% YoY revenue growth to ₹9.34 billion. Q2 FY27 saw an order booking increase of 17.2% YoY to ₹7.64 billion, contributing to a closing order book of ₹24.53 billion, up 10.5% YoY.
Triveni Turbine Ltd. Announces Q2 & H1 FY27 Financial Results
Triveni Turbine Limited has announced its financial performance for the second quarter and the first half of the fiscal year 2027, both ending on September 30, 2026. The company detailed significant growth in order booking and highlighted its financial outcomes amid global energy transition trends.
H1 FY27 Performance Highlights
For the first half of FY27, Triveni Turbine reported a consolidated revenue from operations of ₹9.34 billion, marking a 6.4% increase compared to the same period in the previous year. Domestic revenue saw a substantial rise of 40.7% YoY. However, export revenue contributed 37.9% of the total revenue, down 24.0% YoY. Aftermarket revenue contributed 30.8%, a decrease of 2.3% YoY. EBITDA for H1 FY27 stood at ₹1.66 billion, a decrease of 27.7% YoY, with a margin of 17.7%. Profit Before Tax (PBT) was ₹1.45 billion, down 31.4% YoY, and Profit After Tax (PAT) was ₹1.04 billion, down 32.9% YoY. Order booking for H1 FY27 reached ₹13.33 billion, an increase of 12.2% YoY, with export orders contributing 56.4%.
Q2 FY27 Performance Highlights
In the second quarter of FY27, revenue from operations was ₹4.91 billion, a slight decrease of 3.0% YoY. This was influenced by a 51.8% YoY increase in domestic revenue offset by a 46.6% YoY decline in export revenue, which constituted 30.7% of Q2 FY27 revenue. EBITDA for Q2 FY27 was ₹858 million, down 35.5% YoY, with a margin of 17.5%. PBT stood at ₹757 million, down 39.2% YoY, and PAT was ₹533 million, down 41.7% YoY. The company achieved a record order booking for the quarter at ₹7.64 billion, an increase of 17.2% YoY, driven by export orders and the product business. Product order booking grew 32.5% YoY.
Order Book and Outlook
The closing order book as of September 30, 2026, stood at ₹24.53 billion, an increase of 10.5% YoY. The export outstanding order book constitutes 59.2% of the total. The aftermarket order book saw a significant increase of 105.4% YoY to ₹6.39 billion. Triveni Turbine remains well-positioned for sustained growth, supported by a healthy enquiry pipeline and a robust order backlog, anticipating a positive revenue and profit outlook for H2 FY27.
Source: BSE