Shares of Triveni Turbine declined sharply by more than 4% in early trade on Tuesday after the company reported its Q4 results for FY26. The stock came under pressure as investors reacted to margin contraction despite healthy growth in revenue and profit.
As of 9:36 AM IST, Triveni Turbine shares were trading lower after touching an intraday low of ₹563.10. The stock opened at ₹587.80 against the previous close of ₹596.65 and hit an intraday high of ₹587.95. The counter witnessed strong trading activity with live volume at 4,37,764 shares.
For the March quarter, the company reported consolidated revenue of ₹680 crore, registering a 26.3% year-on-year rise compared to ₹538 crore in the corresponding quarter last year.
EBITDA increased 6.3% to ₹128 crore from ₹120.4 crore in the year-ago period. However, EBITDA margin declined to 18.8% from 22.4%, indicating pressure on profitability despite strong top-line growth.
Net profit for the quarter rose 8.5% to ₹102 crore versus ₹94 crore reported in the same quarter last year.
The sharp decline in margins appears to have weighed on investor sentiment, leading to selling pressure in the stock despite growth across key financial parameters.
Triveni Turbine shares have touched a 52-week high of ₹675.20, while the 52-week low stands at ₹428.35.