• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Nov. 20 Triveni Engineering & Industries Ltd has reported a 439.2 per cent jump in profit after tax (PAT) for the quarter ended September 2008 over the corresponding period of last year.

The company recorded a PAT of Rs 26.96 crore on net sales of Rs 427.14 crore for the latest quarter, against Rs 5 crore and Rs 304.18 crore respectively for July-September 2007.

Triveni’s net sales from sugar business (including co-generation and distillery) rose from Rs 176.14 crore during July-September 2007 to Rs 261.16 crore during July-September 2008, while the same from engineering (steam turbines, gears, water) went up from Rs 136.88 crore to Rs 178.14 crore.

Correspondingly, profit before tax and interest on sugar increased from Rs (-) 0.50 crore to Rs 23.90 crore, while that from engineering rose from Rs 33.45 crore to Rs 40.98 crore.

For the 12-months financial year ended September 30, 2008, the company earned a consolidated PAT of Rs 121.98 crore on net sales of Rs 1,618.70 crore. This was against the PAT of Rs 68.09 crore on net sales of Rs 1,928.47 crore for the 18-months period ended September 30, 2007.

More Stories on : Engineering

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line