Industrial steam turbine maker Triveni Turbine Ltd announced an interim dividend of ₹2.25 per share on face value of ₹1 for FY26, representing a 225% cash reward for shareholders. According to the company's exchange filing dated February 3, the dividend has been declared for the financial year 2025-26. The company has also fixed specific dates for dividend eligibility and payment processing.
The company has set February 9, 2026 as the record date for dividend eligibility, as reported in the exchange filing. The interim dividend will be paid on or before February 23, 2026 to equity shareholders whose names appear in the register of members or depository records as beneficial owners on the record date. The payment will be subject to deduction of tax at source.
For the third quarter of FY26, Triveni Turbine reported a profit of ₹92.1 crore, compared to ₹92.4 crore in Q3 FY25, reflecting a marginal decline of 0.3% year-over-year. According to the company's results announcement, revenue increased significantly to ₹624 crore in Q3 FY26 from ₹503 crore in Q3 FY25, showing growth of 24.1% YoY. EBITDA rose to ₹134.1 crore from ₹108.9 crore in the previous year, up 23.1% YoY.
On Tuesday, February 3, Triveni Turbine stock closed at ₹548.10 on BSE, representing an 8.49% increase from its previous closing price. As reported by ET Now, the stock showed positive momentum following the announcement of both quarterly results and the dividend declaration.
According to the company's dividend history, Triveni Turbine had announced a final dividend of ₹2 for FY25 with a record date in September. Before that, the company declared an interim dividend of ₹2 with a record date in February 2025, as reported in the exchange filing. This pattern indicates the company's consistent approach to returning value to shareholders through regular dividend payments.
