Triveni Turbine has reported results for third quarter ended December 31, 2012.
The company has reported 48.23% rise in its net profit at Rs 30.52 crore for the quarter as compared to Rs 20.59 crore for the same quarter in the previous year. Total income of the company has increased by 19.89% at Rs 175.12 crore for quarter under review as compared to Rs 146.06 crore for the quarter ended December 31, 2011.
Triveni Turbine was demerged from Triveni Engineering and industries with effect from April 21, 2011. The company is a market leader in steam turbines up to 30 MW. TTL’s manufacturing facility is located in Bangalore with capacity to produce 80-100 steam turbines a year.
