Triveni Engineering & Industries Q4 net profit rises 74 pc to Rs 190 crore

Triveni Engineering & Industries Ltd’s net profit increased by 74 per cent to Rs. 190.31 crore in the fourth quarter of the last financial year.

It made a net profit of Rs 109.17 crore in the period last year, according to a regulatory filing.

Total income increased to Rs.1,839.86 crore in the January-March quarter of 2022-23 from Rs.1,195.08 crore in the corresponding period of the previous year.

Triveni Engineering & Industries Ltd is in the business of sugar as well as bespoke high speed gearboxes. It’s also in the water and wastewater management business.

For the full 2022-23 financial year, net profit jumped to Rs. 1,791.80 crore from Rs. 424.06 crore in the previous year.

Total income grew to Rs.6,390.51 crore in 2022-23 from Rs.4,716.23 crore in the previous year.

(Only the title and image for this report may have been reworked by the Business Standard team; the rest of the content is generated automatically from a shared feed.)

First published: May 27, 2023 | 3:28 p.m ist