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Triveni Turbine (NSE:TRITURBINE) Net Margin % : 16.59% (As of Mar. 2024)


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What is Triveni Turbine Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Triveni Turbine's Net Income for the three months ended in Mar. 2024 was ₹760 Mil. Triveni Turbine's Revenue for the three months ended in Mar. 2024 was ₹4,581 Mil. Therefore, Triveni Turbine's net margin for the quarter that ended in Mar. 2024 was 16.59%.

The historical rank and industry rank for Triveni Turbine's Net Margin % or its related term are showing as below:

NSE:TRITURBINE' s Net Margin % Range Over the Past 10 Years
Min: 12.17   Med: 15.28   Max: 32.13
Current: 16.27


NSE:TRITURBINE's Net Margin % is ranked better than
88.97% of 2975 companies
in the Industrial Products industry
Industry Median: 5.21 vs NSE:TRITURBINE: 16.27

Triveni Turbine Net Margin % Historical Data

The historical data trend for Triveni Turbine's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Triveni Turbine Net Margin % Chart

Triveni Turbine Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.12 14.76 32.13 15.43 16.27

Triveni Turbine Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.01 16.14 16.56 15.80 16.59

Competitive Comparison of Triveni Turbine's Net Margin %

For the Specialty Industrial Machinery subindustry, Triveni Turbine's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Triveni Turbine's Net Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Triveni Turbine's Net Margin % distribution charts can be found below:

* The bar in red indicates where Triveni Turbine's Net Margin % falls into.



Triveni Turbine Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Triveni Turbine's Net Margin for the fiscal year that ended in Mar. 2024 is calculated as

Net Margin=Net Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=2691.4/16539.4
=16.27 %

Triveni Turbine's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=759.7/4580.5
=16.59 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Triveni Turbine  (NSE:TRITURBINE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Triveni Turbine Net Margin % Related Terms

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Triveni Turbine (NSE:TRITURBINE) Business Description

Traded in Other Exchanges
Address
Express Trade Towers, 8th Floor, 15-16, Sector 16A, Noida, UP, IND, 201301
Triveni Turbine Ltd is an India-based company that supplies power-generating equipment and solutions. The company offers back-pressure and condensing steam turbines, related spare parts, and aftermarket services. In addition, the company owns a partial stake in GE Triveni Limited, a joint venture cofounded by General Electric and Triveni Turbine. This joint venture offers a portfolio of steam turbine products in the global industrial power-generation market. Triveni Turbine's products are used in sectors including sugar, distillery, palm oil, independent power producers, and textiles. The company generates the majority of its sales from the Indian domestic market.

Triveni Turbine (NSE:TRITURBINE) Headlines

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