BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Triveni Turbine Ltd. reported healthy performance on account of better sales mix and execution ramp up.
Margins expanded by 222 basis points to 13.8% in Q4, led by sharp rise in aftermarket revenues and reduction in overhead cost.
Order input grew 5% YoY to Rs 1.7 billion in 4Q, primarily driven by strong growth in domestic markets (up 57% YoY).
Order backlog remained subdued at Rs 6.4 billion.
For domestic segment, enquiry generation grew 35% YoY led by traction in process co-generation and waste to heat recovery from sectors like food and beverage, paints, pharma, chemicals and cement.
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