Triveni Engineering revenue jumps 23% but profits crash 93%

Triveni Engineering & Industries reported consolidated revenue of ₹1,598.2 crore for Q1 FY26, up 22.9% year-over-year. However, profit before tax plunged 93.2% to ₹2.9 crore, while profit after tax fell 93.2% to ₹2.1 crore. Earnings per share dropped to ₹0.20 from ₹1.42.

Revenue growth was driven by 53% higher alcohol dispatches and 14% increased sugar dispatches. Sugar segment profitability suffered from higher production costs, while the distillery segment saw reduced margins from lower-margin ethanol and increased fuel expenses.