TRIVENI

eni Engineering Surges On Q4 Beat Over 30% Upside Ahead

Shares of Triveni Engineering surged 8% on Wednesday, driven by a robust performance in March quarter earnings. It reported a 25% rise in net revenue (net of excise) at ₹1,629.3 crore, while net profit rose 16.2% to ₹187.1 crore. EBITDA for the quarter grew 21.5% to ₹317.4 crore, but the EBITDA margin saw a slight dip to 19.5% from 20.1% a year earlier.