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IMAGINE INNOVATE INSPIRE

Annual Report 2023-24

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Triveni Turbines at a glance

*Source: McCoy Report 2023

Chairman’s message

Dear Shareholders,

At Triveni Turbines, our efforts over the years have been focussed on the vision of promoting energy efficiency and sustainability through robust industrial steam turbine solutions globally. Through sustained innovation, investments in capacities and capability development, we have established core competencies and a cutting-edge portfolio that make us a force to reckon with.

DHRUV M. SAWHNEYChairman & Managing Director

Q&A with the Vice Chairman and Managing Director

We surpassed another benchmark with the highest-ever order booking of 18.78 billion in FY 24, a 17% growth over the previous year and the third consecutive year of expansion. Export order booking grew by a robust 51% to 10.19 billion, representing 54% of the total up from 42% in the previous year.

NIKHIL SAWHNEYVice Chairman & Managing Director

How we performed in FY 24

Delivering a record performance

Value created for stakeholders (in FY 24)

Shareholders

Dividend outlay of ₹ 1,144 million, 43% of profits*

31.3% ROE

61% growth in market capitalisation

*includes special dividend

Community

Total amount spent for the Financial Year: ₹ 31.37 million

Customers

Order booking: ₹ 18.78 billion

Employees

25.5% growth in employee benefits

Planet

12% reduction in energy consumption per rupee of turnover

More than 20% reduction in Sulphur Oxides (SOx) and Nitrogen Oxides (NOx) emissions

8% reduction in Scope 1 & 2 Greenhouse gases (GHG) emissions per rupee of turnover

Proven consistency in performance and value delivery