Triveni Engineering Q1 profit up 10.20% at Rs 92.30 crore ...Middle East

Triveni Engineering and Industries Ltd on Saturday posted a 10.20 per cent jump in its consolidated net profit at Rs 92.30 crore in the first quarter of 2021-22. The company had posted a net profit of Rs 83.75 crore in the same quarter previous fiscal, according to a BSE filing. Net income declined to Rs 1,115.09 crore in the April-June quarter of 2021-22 from Rs 1,228.22 crore in the same quarter of the previous fiscal. Expenses remained lower at Rs 997.26 crore as against Rs 1,103.70 crore in the said period. The company said the decline in net turnover in the first quarter was mainly due to lower sugar dispatches by 26 per cent. But distillery and power transmission businesses have achiev

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