Triveni Turbine - Cost Control Measures Led To Stable Q3 Margins: Prabhudas Lilladher
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Prabhudas Lilladher Report
Triveni Turbine Ltd. reported decent performance on account of better product mix and cost rationalization measures.
Margins came in stable at 20% driven by better sales mix, lower raw material cost and reduction in overhead cost.
Order inflows declined by 26% YoY largely impacted on account of delay in order finalization in both domestic/exports markets. This decline is mainly due to slow order finalization especially in the South East Asian market, Central and South American regions.
Order book declined by 6% YoY at Rs 6.5 billion.
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