TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose copies of Newspapers advirtisement pertaining to Unaudited Financial Results for Q2 & H1 FY24 ended September 30, 2023 published in the Business Standard (Englist & Hindi) on 31st October, 2023. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Triveni Engineering & Industries Ltd.
Sugar company Triveni Engineering & Industries announced Q2FY24 & H1FY24 results: Sugar & Alcohol (Distillery) Businesses: Sugar sales volume is 10.6% lower during the half year whereas the blended sugar realisations have increased by 5.8% over the corresponding previous period due to high domestic and export realisations Alcohol sales of 9.4 crore litres, an increase of 11.1% over the corresponding previous period resulting in an increase in net turnover of the Alcohol business by 20.5% during H1FY24 Overall sugarcane crop position seems healthy. Crushing for Sugar Season (SS) 2023-24 has already commenced in four of the seven units Engineering Businesses: Highest-ever quarterly revenue and profitability in Power Transmission business in Q2FY24, driving robust H1FY24 growth of 44.8% and 58.2% respectively over the previous corresponding period to reach Rs 132.55 crore and Rs 47.26 crore in half-year revenues and segment results Order booking of Rs 154.85 crore in Power Transmission, an increase of 36.1% YoY with a closing order book of Rs 281.52 crore, up 14.8% YoY During the quarter, the Water business has won the bid of RUDSICO Greater Jaipur and the Letter of Intent (LOI) has been received subsequently Outstanding order book of Rs 1,572.6 crore for combined Engineering Businesses Revenue from Operations (Net of excise duty) in H1FY24 at Rs 2,606.8 crore, an increase of 1.4% Profit before Exceptional items and Tax for H1FY24 at Rs 130.2 crore, an increase of 15% Profit after Tax for H1FY24 at Rs 96.7 crore Net turnover increased by 4.7% and 1.4% respectively in Q2FY24 and H1FY24 primarily driven by higher turnover in the Alcohol and Power transmission business. Profit before tax and exceptional items (PBT) increased by 60% and 15% in Q2FY24 and H1FY24 to reach Rs130.16 crore at the half-year milestone. The gross debt on a standalone basis as of September 30, 2023, is Rs 295.66 crore as compared to Rs 824.96 crore as of March 31, 2023 Commenting on the Company’s financial performance, Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries, said, “Overall performance of the Company during the half year ended September 30, 2023, has been satisfactory, given the fact that H1 is generally muted as the off-season expenses are expensed off. Our Alcohol business has grown well owing to the capacity expansions during FY23 and the stabilization of operations since then. Power Transmission business is charting new highs contributing in both size and growth to the Company as a whole. We are all set for the new sugar season and on an overall basis, the crop seems healthier due to favourable climatic factors as well as due to rigorous sugarcane development activities undertaken by us. Sugar production for Sugar Season (SS) 2023-24 for the country is estimated to be lower as compared to 32.8 million tonnes in the recently concluded SS 2022-23 mainly on account of lower production in Maharashtra and Karnataka. However, the estimated production is still expected above the domestic consumption and we hope that the Government allows exports at an appropriate time to capitalize on high international sugar prices. Further, we would be closely reviewing the sugarcane price increase, if any, for the new season and hope that the Government allows an increase in sugar prices to offset the impact of the increase in sugarcane price. We have commenced sugarcane crushing at four sugar units for Sugar Season (SS) 2023-24. Result PDF TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Investor Presentation
We send herewith a copy of Investor''s brief & presentation on the performance of the company for the Q2 & H1 FY24 (Consolidated) ended September 30, 2023 for your information. TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Outcome Of Board Meeting Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended ('SEBI LODR Regulations')
In terms of regulation 30 of the SEBI (LODR) Regulations, this is to inform you that the Board of Directors of the Company at its meeting held today i.e., 30th October, 2023 has inter-alia considered and approved the unaudited Standalone & Consolidated Financial Result of the Company for the 2nd Quarter (Q2) and half year ended September 30, 2023. The Meeting of the Board commenced at 11:45 AM and concluded at 5:45 PM TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, this is to inform you that the Company will organize its Q2 & H1 FY24 results conference call for analysts and investors on Wednesday, November 01, 2023 at 03:00 p.m. IST. Details of the conference call are enclosed. TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Board Meeting Intimation for Prior Intimation Under Regulation 29 Of The Securities And Exchange Board Of India (LODR) Regulations 2015, As Amended ('SEBI Listing Regulations') Of The Meeting Of The Board Of Directors Of Triveni Engineering & Industries Limited.
TRIVENI ENGINEERING & INDUSTRIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2023 ,inter alia, to consider and approve This is to inform you that a meeting of the Company''s Board of Directors will be held on Monday, October 30, 2023, inter-alia, to consider and approve the unaudited financial results of the Company for the 2nd quarter and half year ended on Sept., 30, 2023. TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Clarification sought from Triveni Engineering & Industries Ltd
The Exchange has sought clarification from Triveni Engineering & Industries Ltd on October 19, 2023, with reference to Movement in Volume.The reply is awaited. TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We herewith ecclose a Certificate under Regulation 74(5) of SEBI Regulation, 2018 for the quarter ended 30th September, 2023 recived from Kfin Technologies Limited, RTA of the Company. TRIVENI ENGINEERING & INDUSTRIES LTD. - 532356 - Closure of Trading Window
Intimation of Closure of Trading Window w.e.f. 1st October, 2023 till 48 hours after the announcement of unaudited financial results of the Conpany for the 2nd quarter and half year ending on 30th September, 2023.