**Business Performance:** Triveni Turbine's Q1 FY27 revenue grew 19.2% YoY to ₹442.7 Cr.

However, an unfavorable mix & delivery phasing impacted profitability: EBITDA fell 16.8% to ₹79.7 Cr (18.0% margin), and PAT dropped 20.6% to ₹51.1 Cr (11.5% margin). Order booking remained robust, up 6.1% YoY to ₹568.3 Cr, fueled by 68% exports & 39% aftermarket share.

The closing order book reached ₹2,179.6 Cr (+5.1% YoY), with aftermarket orders more than doubling to ₹624.0 Cr. **Growth Drivers & Strategy:** Key drivers include global energy transition, rising industrial energy demand, and a strong focus on refurbishment solutions.

TTL leverages OEM expertise for upgrades, expanding into new industries and regions. **Recent Developments:** TTL strengthens supply chain, adopts AI-driven predictive maintenance, and expands localized global services.

Production enhanced via digitalized hydro testing & advanced laser hardening. **Management Outlook:** Management anticipates sustained demand from energy efficiency and renewable solutions, particularly in Southeast Asia, Africa, and North America.

Despite macroeconomic uncertainties, TTL is confident of business growth & margin recovery in H2 FY27, backed by its diversified pipeline and market presence.