Triveni Turbine Q4 Review - Enquiry Pipeline Remains Robust: Prabhudas Lilladher

A worker tests a large steel turbine during manufacture. (Photographer: Vincent Mundy/Bloomberg)

Triveni Turbine Q4 Review - Enquiry Pipeline Remains Robust: Prabhudas Lilladher

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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.

Click on the attachment to read the full report:

Prabhudas Lilladher Triveni Turbine Q4FY21 Result Update.pdf

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