Triveni Turbine Limited Provides Revenues Guidance for the Year 2020
June 15, 2020 at 12:00 pm IST
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Triveni Turbine Limited announced that on the worst case scenario, the company believe that while the company may see a revenue decline in this current financial year of between 10% to 15%, of course, the company's attempts is to see a lower growth -- lower degrowth than that, the company believe that the profit growth may be also at the similar lines.
Triveni Turbine Limited is an India-based industrial steam turbine manufacturer. The Company is primarily engaged in the business of manufacturing and supplying power generating equipment and solutions and has manufacturing facilities in Bengaluru, Karnataka. Approximately 6,000 steam turbines supplied by the Company are installed across 20 industries in over 75 countries, including Europe, Africa, Central and Latin America, Southeast Asian and South Asian Association for Regional Cooperation countries. It Triveni caters to varied and diverse industries, including biomass IPP, municipal solid waste IPP, district heating, palm oil, paper, sugar, naval, textiles, metals, cement, carbon black, solvent extraction, pharmaceutical, chemicals, petrochemicals, fertilizers, oil and gas municipal solid waste based independent power plants (IPPs), and captive power plants (CPPs). The Companyâs products include backpressure turbines, condensing turbines, API steam turbines and smart turbines.