Triveni Turbine revenue falls 20% on geopolitical disruptions

Triveni Turbine Limited reported Q1 FY26 revenues down 20% year-over-year to ₹3.71bn, with profit after tax falling 20% to ₹644m. The decline stemmed from order deferments caused by conflicts in the Middle East and India-Pakistan, which disrupted mechanical run tests and client inspections, delaying dispatches and revenue recognition.

EBITDA margin improved 100 basis points to 25.8% despite the revenue drop. Order booking fell 16% to ₹5.36bn for the quarter.

However, the outstanding order book reached a record ₹20.74bn as of June 30, up over 20% year-over-year. Cash and investments stood at over ₹10.05bn.