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Triveni Turbine (NSE:TRITURBINE) Pretax Margin % : 22.15% (As of Mar. 2024)


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What is Triveni Turbine Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Triveni Turbine's Pre-Tax Income for the three months ended in Mar. 2024 was ₹1,014 Mil. Triveni Turbine's Revenue for the three months ended in Mar. 2024 was ₹4,581 Mil. Therefore, Triveni Turbine's pretax margin for the quarter that ended in Mar. 2024 was 22.15%.

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

NSE:TRITURBINE' s Pretax Margin % Range Over the Past 10 Years
Min: 18.14   Med: 20.8   Max: 43.38
Current: 21.63


NSE:TRITURBINE's Pretax Margin % is ranked better than
91.51% of 2967 companies
in the Industrial Products industry
Industry Median: 6.55 vs NSE:TRITURBINE: 21.63

Triveni Turbine Pretax Margin % Historical Data

The historical data trend for Triveni Turbine's Pretax 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 Pretax Margin % Chart

Triveni Turbine Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.36 19.02 43.38 20.48 21.63

Triveni Turbine Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 19.83 20.88 21.41 21.94 22.15

Competitive Comparison of Triveni Turbine's Pretax Margin %

For the Specialty Industrial Machinery subindustry, Triveni Turbine's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Industrial Products Industry

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

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



Triveni Turbine Pretax Margin % Calculation

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

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

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=3577.9/16539.4
=21.63 %

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

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1014.4/4580.5
=22.15 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Triveni Turbine Pretax 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.

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