Triveni Engineering Calls for Higher Sugar Prices Amid Rising Input Costs

Earnings
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CNBC TV18•05-02-2026, 14:39
Triveni Engineering Calls for Higher Sugar Prices Amid Rising Input Costs
- •Triveni Engineering states that current sugar price improvements are insufficient to cover rising input costs, particularly higher sugarcane prices.
- •Domestic sugar realizations improved due to government policies, but global prices softened; output may fall short in Maharashtra and Karnataka.
- •The company reported ₹478 crore revenue, 11.8% margins, and ₹77.8 crore net profit in Q3FY26, with the distillery business performing strongly.
- •Ethanol margins may soften as production shifts to FCI rice-based ethanol, despite healthy volume expectations.
- •Triveni Engineering offset a ₹30/quintal cane price hike in Uttar Pradesh through efficiencies and investments; optimistic about future orders in power transmission and defense.
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