Triveni Turbine reported Q3 FY26 revenue hitting 624 Cr (+24% YoY) and EBITDA 154 Cr (+16.9% YoY), marking record highs. PAT was 91.7 Cr (-1% YoY) after a 15.7 Cr one-time charge. Nine-month turnover increased 2.3% with largely flat EBITDA/PBT. Q3 order booking was soft (-26% YoY) due to deferrals, but Q4 is expected to see a significant rebound, likely export-led. Management forecasts double-digit top-line growth for FY26, with FY27 maintaining momentum and normalized growth expected from FY28. New products like heat pumps and MVRs are gaining traction, while the U.S. market, post-tariff reduction, presents a substantial opportunity. The company remains confident in its long-term growth and margin profile, expanding focus on global markets and innovative solutions.