Triveni Turbine Limited NSE Symbol:TRITURBINE, BSE Security Code:533655 has declared its 2nd(second) quarter unaudited consolidated financial report from the month of July, 2020 to the month of September, 2020; for the fiscal year 2020-21.
| Revenue Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
| 190.09 | 169.85 | 252.58 | 359.94 | 469.30 |
| Calculated Revenue of Triveni Turbine Limited for Second Quarter FY, 2020-21 | |||||
| Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 20.24 | 11.92%(Revenue Increase) | 62.49 | 24.74%(Revenue Decrease) | 109.36 | 23.30%(Revenue Decrease) |
Revenue: Triveni Turbine Limited's financial report shows that the company's revenue increased by 11.92% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for revenue increase of Rs.20.24 crores, as the company posted revenue of Rs.190.09 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported revenue of Rs.169.85 crores.
The result also shows that the company's revenue decreased by 24.74% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for revenue decrease of Rs.62.49 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted revenue of Rs.252.58 crores.
The company also reported that its revenue decreased by 23.30% in 6 months end(April, 2020 - September, 2020) for revenue decrease of Rs.109.36 crores, since the company reported revenue of Rs.359.94 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted revenue of Rs.469.30 crores.
| Gross Margin(%) Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
| 38.25 | 83.47 | 49.75 | 59.56 | 54.36 |
| Calculated Gross Margin(%) of Triveni Turbine Limited for Second Quarter FY, 2020-21 | |||||
| Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 45.21 | 54.17%(GM Decrease) | 11.50 | 23.11%(GM Decrease) | 5.20 | 9.57%(GM Increase) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM decreased by 54.17% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for 45.21% GM decrease, as the company reported 38.25% GM; in compare to previous quarter(April, 2020 - June, 2020) when the company reported 83.47% GM.
The result also indicates, the company's GM decreased by 23.11% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for 11.50% GM decrease; in compare to corresponding quarter(July, 2019 - September, 2019) when the company reported 49.75% GM.
The company also reported that its GM increased by 9.57% in 6 months end(April, 2020 - September, 2020) for 5.20% GM increase, since the company reported 59.56% GM; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company reported 54.36% GM.
| EBITDA Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
| 37.09 | 41.88 | 62.33 | 78.97 | 112.70 |
| Calculated EBITDA of Triveni Turbine Limited for Second Quarter FY, 2020-21 | |||||
| Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 4.79 | 11.44%(EBITDA Decrease) | 25.24 | 40.49%(EBITDA Decrease) | 33.73 | 29.93%(EBITDA Decrease) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA decreased by 11.44% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.4.79 crores, as the company posted EBITDA of Rs.37.09 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EBITDA of Rs.41.88 crores.
The result also shows that the company's EBITDA decreased by 40.49% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EBITDA decrease of Rs.25.24 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EBITDA of Rs.62.33 crores.
The company also reported that its EBITDA decreased by 29.93% in 6 months end(April, 2020 - September, 2020) for EBITDA decrease of Rs.33.73 crores, since the company reported EBITDA of Rs.78.97 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EBITDA of Rs.112.70 crores.
| Profit and Loss Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
| 24.39(Profit ) | 27.25(Profit ) | 50.23(Profit ) | 51.64(Profit ) | 80.93(Profit ) |
| Calculated Profit and Loss of Triveni Turbine Limited for Second Quarter FY, 2020-21 | |||||
| Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 2.86 | 10.50%(Profit Decrease) | 25.84 | 51.44%(Profit Decrease) | 29.29 | 36.19%(Profit Decrease) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's profit decreased by 10.50% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for profit decrease of Rs.2.86 crores, as the company posted profit of Rs.24.39 crores; in compare to previous quarter(April, 2020 - June, 2020) when the company reported profit of Rs.27.25 crores.
The result also shows that the company's profit decreased by 51.44% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for profit decrease of Rs.25.84 crores; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted profit of Rs.50.23 crores.
The company also reported that its profit decreased by 36.19% in 6 months end(April, 2020 - September, 2020) for profit decrease of Rs.29.29 crores, since the company reported profit of Rs.51.64 crores; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted profit of Rs.80.93 crores.
| EPS Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Current Quarter (July, 2020 - September, 2020) | Previous Quarter (April, 2020 - June, 2020) | Corresponding Quarter (July, 2019 - September, 2019) | 6 Months Ended (April, 2020 - September, 2020) | Corresponding 6 Months Ended (April, 2019 - September, 2019) |
| 0.75 | 0.84 | 1.55 | 1.60 | 2.50 |
| Calculated EPS of Triveni Turbine Limited for Second Quarter FY, 2020-21 | |||||
| Current(September, 2020) VS Previous(June, 2020) | Current(September, 2020) VS Corresponding(September, 2019) | 6 months Ended(April, 2020 - September, 2020) VS Corresponding 6 months Ended(April, 2019 - September, 2019) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 0.09 | 10.71%(EPS Decrease) | 0.80 | 51.61%(EPS Decrease) | 0.90 | 36.00%(EPS Decrease) |
EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 10.71% in QoQ(Quarter on Quarter) / current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.09, as the company posted EPS of Rs.0.75; in compare to previous quarter(April, 2020 - June, 2020) when the company reported EPS of Rs.0.84.
The result also shows that the company's EPS decreased by 51.61% in YoY(Year over Year) / in current quarter(July, 2020 - September, 2020) for EPS decrease of Rs.0.80; in compare to corresponding quarter(July, 2019 - September, 2019) when the company posted EPS of Rs.1.55.
The company also reported that its EPS decreased by 36.00% in 6 months end(April, 2020 - September, 2020) for EPS decrease of Rs.0.90, since the company reported EPS of Rs.1.60; in compare to corresponding 6 months end(April, 2019 - September. 2019) when the company posted EPS of Rs.2.50.
| Assets Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Details | Non-current Assets | Current Assets | ||
| Current Year Ended(September, 2020) | Previous Year End(March, 2020) | Current Year Ended(September, 2020) | Previous Year End(March, 2020) | |
| Reported | 278.03 | 284.55 | 644.43 | 537.62 |
| Change | Change % | Change | Change % | |
| Calculated | 6.52 | 2.29%(Assets Decrease) | 106.81 | 19.87%(Assets Increase) |
Assets:The company reported its non-current assets decreased by 2.29% in current quarter(September, 2020) for non-current assets decrease of Rs.6.52 crores, since the company reported net non-current assets of Rs.278.03 crores; in compare to previous year end(March, 2020) when the company reported net non-current assets of Rs.284.55 crores.
The balance sheet of the company also shows that, its current assets increased by 19.87% in current quarter(September, 2020) for current assets increase of Rs.106.81 crores, as the company reported net current assets of Rs.644.43 crores; against previous year end(March, 2020) when the company reported net current assets of Rs.537.62 crores.
| Liabilities Reported by Triveni Turbine Limited for Second Quarter FY, 2020-21 | ||||
| Details | Non-current Liabilities | Current Liabilities | ||
| Current Year Ended(September, 2020) | Previous Year End(March, 2020) | Current Year Ended(September, 2020) | Previous Year End(March, 2020) | |
| Reported | 15.98 | 18.26 | 321.84 | 273.73 |
| Change | Change % | Change | Change % | |
| Calculated | 2.28 | 12.49%(Liabilities Decrease) | 48.11 | 17.58%(Liabilities Increase) |
Liabilities:The company reported its non-current liabilities decreased by 12.49% in current quarter(September, 2020) for non-current liabilities decrease of Rs.2.28 crores, since the company reported net non-current liabilities of Rs.15.98 crores; in compare to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.18.26 crores.
The balance sheet of the company also shows that, its current liabilities increased by 17.58% in current quarter(September, 2020) for current liabilities increase of Rs.48.11 crores, as the company reported net current liabilities of Rs.321.84 crores; against previous year end(March, 2020) when the company reported net current liabilities of Rs.273.73 crores.
***All amounts are given in Crore Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.
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