Triveni Engineering & Industries Ltd has reported an 8 per cent decline in its consolidated net profit to Rs 167.45 crore for the quarter ended March mainly on higher cost of sugarcane. Its net profit stood at Rs 183 crore in the year-ago period. Total income also fell to Rs 1,842.15 crore in the January-March quarter of the last fiscal from Rs 1,934.53 crore in the corresponding period of the preceding year, according to a regulatory filing. During 2025-26 fiscal, the net profit rose to Rs 268.71 crore from Rs 243.19 crore in the preceding year. Total income grew to Rs 7,697.03 crore last fiscal from Rs 6,865.58 crore in the 2024-25 financial year. Triveni Engineering is one of the largest integrated sugar and ethanol producers, and engineered-to-order turbo gearbox manufacturers in the country. It is also in the water and wastewater management business. Dhruv M. Sawhney, Chairman and Managing Director, Triveni Engineering & Industries Ltd, said: "Despite a challenging ...
Triveni Engineering & Industries surged 8 per cent to ₹401, while Balrampur Chini Mills soared 7 per cent to ₹512.10 on the BSE in Wednesday's intra-day deals.
With a successive increase in cane price across India, but without any proportionate increase in ethanol price, sugar-based ethanol has seen a significant erosion in margins, say analysts.
Bullish signs on charts: Hitesh Tailor of Choice Broking explains that BEL has witnessed a decisive symmetrical triangle breakout, while Dr Reddy's and Triveni Engineering saw 'Golden Crossovers'.
Triveni Engineering shares gained after the company announced its entry into Delhi's IMFL market, expanding its presence in the fast-growing premium & super-premium whisky segment.