TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 as amended, we enclose copies of the newspaper advertisement pertaining to the financial results of the company for the (Q1 FY 23) ended June 30, 2022. The advertisement was published in Business Standard (English & Hindi) and Business Line (English) on 2nd August, 2022. Q1FY23 Quarterly Result Announced for Triveni Turbine Ltd.
Heavy Electrical Equipment firm Triveni Turbine Announced Q1FY23 Result : Revenue from Operations for Q1 FY 23 at Rs 2.59 billion, an increase of 40.7% YoY EBITDA for the quarter at Rs 561 million, up 35.8% YoY, with a margin of 21.7% PAT for the quarter at Rs 383 million, an increase of 37.8% YoY Highest ever quarterly order booking of Rs 3.6 billion during Q1 FY 23 Record outstanding carry forward order book as on June 30, 2022 of Rs 10.7 billion Commenting on the Company’s financial performance and recent developments, Mr. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Turbine Limited, said: “Continuing on the successes from last year, the Company has started FY 23 on a positive note. During the quarter, we have reported yet another record order booking in a single quarter of ? 3.6 billion, which will boost our performance in the year. Despite the global turmoil, we see a multitude of opportunities of growth for the Company. From efficiency enhancement to approaching new geographies and sectors, we are engaging closely with customers to deliver products and solutions that meet their evolving needs. In the last year, the Company has embarked upon an all-round capacity expansion which spans from infrastructure to resources and capabilities. On the infrastructure side, as previously announced, the addition of a new bay in our Sompura plant is well underway. This will augment the space for assembly and testing of steam turbines at the factory. We expect this to complete in Q2 FY 23 and post the expansion, the Company’s capacity will be enhanced from 150-180 machines to 200- 250 machines per annum. Some of the sub-assemblies are also additionally outsourced to competent subcontractors to free up in-house capacity on valueadded, core activities. With the independent foray into the 30.1-100 MW segment, the Company is focusing on adding competencies across teams both in India and in the international market. Development Community (SADC) region, the Company has bagged a significant services contract for large steam turbines in this region as part of our aftermarket business. This is new and different from what we have conventionally been offering in various markets. It is a business capable of driving large top line growth in the services sub-segment. And the Company is exploring this new revenue stream to build capabilities to create a new niche and develop proficiency in a new segment of large utility steam turbines which could lead to greater service along with spares and refurbishment offerings internationally in future. This contract will help us establish Triveni REFURB brand, the Refurbishment business of TTL, in the Utility turbines space and create a reference for more lucrative contracts for turbines up to 900 MW and automatically qualify us for contracts in this and other geographies. The Company has made further inroads in the domestic and international API markets. This includes energy efficient drive turbines with single stage and multistage designs. Triveni’s in-house facilities and expertise for carrying out stringent API tests, such as unbalanced rotor response tests and steam run tests including load tests, are instrumental in steering its expansion in the stringent hydrocarbon markets. Coming to the other highlights of the quarter, in Q1 FY 23, the Company’s enquiry pipeline remains healthy. International enquiry generation increased by 22% YoY with enquiries from Central and South America, Turkey, North America, Southeast Asia and Europe. Among industry segments, IPP segment led to the higher enquiry base followed by Process industries. With this healthy enquiry pipeline coupled with outlook for order booking, the Company is well poised to leverage the opportunities in the coming years.” Result PDF TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Investor Presentation
We send herewith a copy of Investors'' brief on the performance of the Company for the first quarter and three months ended June 30, 2022 for your information. The same is also available on the web site of the Company i.e. www.triveniturbines.com. TRIVENI TURBINE LTD. - 533655 - Board Meeting Outcome for Outcome Of Board Meeting Held On August 1, 2022
This is to inform you that the Board of directors of the Company at their meeting held today i.e. August 1, 2022 has inter-alia considered and approved Un-audited financial results (stand-alone and consolidated) for the first quarter ( Q1 FY 23) ended June 30, 2022. The said financial results together with limited review report of the Statutory Auditors of the Company are enclosed. TRIVENI TURBINE LTD. - 533655 - Board Meeting Outcome for Outcome Of Board Meeting Held On August 1, 2022
This is to inform you that the Board of directors of the Company at their meeting held today i.e. August 1, 2022 has inter-alia considered and approved Un-audited financial results (stand-alone and consolidated) for the first quarter ( Q1 FY 23) ended June 30, 2022. The said financial results together with limited review report of the Statutory Auditors of the Company are enclosed. TRIVENI TURBINE LTD. - 533655 - Outcome Of Board Meeting Held On August 1, 2022
This is to inform you that the Board of directors of the Company at their meeting held today i.e. August 1, 2022 has inter-alia considered and approved Un-audited financial results (stand-alone and consolidated) for the first quarter ( Q1 FY 23) ended June 30, 2022. The said financial results together with limited review report of the Statutory Auditors of the Company are enclosed. TRIVENI TURBINE LTD. - 533655 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of SEBI ( Listing Obligations and Disclosure Requirements) Regulation , 2015 we enclose herewith copies of newspaper advertisements dated 31st July .2022 published by the Company in Financial Express (English newspaper ) and Jansatta (Hindi newspaper) publishing Notice related to 27th Annual General Meeting of the Company and other related matters. The said advertisements are also uploaded on the website of the Company (www.triveniturbines.com). TRIVENI TURBINE LTD. - 533655 - Reg. 34 (1) Annual Report.
Please find enclosed the Annual Report of the Company for the FY 2021-22 alongwith the Notice convening the 27th AGM of the Company on Tuesday, 23rd August, 2022 at 11.30 A.M. (IST) through VC/OAVM. The Company has appointed M/s KFintech Limited for providing e-voting facility. The remote e-voting period commences on 20th August, 2022 at 10.00 A.M. (IST) and ends on 22nd August 2022 at 5.00 P.M. (IST). The cut-off date for determining the eligibility of members for e-voting is 16th August 2022. TRIVENI TURBINE LTD. - 533655 - Corporate Action-Board to consider Dividend
Pursuant to the Listing Regulations please note that the Record Date for ascertaining the entitlement of members to the final & special dividend has been fixed as Tuesday, August 16, 2022. The payment of such dividend will be made within 30 days from the date of approval by the shareholders in the ensuing Annual General Meeting. Pursuant to Regulation 30 we also notify that :- The 27th AGM of the company will be held on Tuesday, August 23 2022 at 11.30 AM ) through video conferencing /other visual audio means . The remote e-voting period will commence on August 20, 2022 at 10.00 AM and will end on August 22, 2022 at 5.00 PM and the cut off date for determining the eligibility of vote by remote e-voting is August 16, 2022. We enclose herewith copies of newspaper advertisements dated July 27, 2022 published in Financial Express (English Newspaper) and Jansatta (Hindi Newspaper) publishing Notice related to AGM, Dividend and other related matters. TRIVENI TURBINE LTD. - 533655 - Record Date For Ascertaining The Entitlement Of Members To The Final & Special Dividend Has Been Fixed As Tuesday, August 16, 2022.
Pursuant to the Listing Regulations please note that the Record Date for ascertaining the entitlement of members to the final & special dividend has been fixed as Tuesday, August 16, 2022. The payment of such dividend will be made within 30 days from the date of approval by the shareholders in the ensuing Annual General Meeting. Pursuant to Regulation 30 we also notify that :- The 27th AGM of the company will be held on Tuesday, August 23 2022 at 11.30 AM ) through video conferencing /other visual audio means . The remote e-voting period will commence on August 20, 2022 at 10.00 AM and will end on August 22, 2022 at 5.00 PM and the cut off date for determining the eligibility of vote by remote e-voting is August 16, 2022. We enclose herewith copies of newspaper advertisements dated July 27, 2022 published in Financial Express (English Newspaper) and Jansatta (Hindi Newspaper) publishing Notice related to AGM, Dividend and other related matters.