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Balanced Teams Are CLEAR - Young Upstarts
by Joshua Kerievsky, founder and CEO of Industrial Logic, and author of “Refactoring to Patterns” and “Joy of Agility“ You can follow the conventional wisdom about running successful meetings by keeping them short, with a clear agenda and minimal distractions. But if people don’t feel safe to contribute their ideas, you will not benefit from […]
Triveni Engineering Q3 Results Review - Decent Execution; Lower Recovery Levels A Concern: Centrum Broking
Triveni Engineering and Industries reported its Q3 FY23 numbers which were higher than our estimates mainly on the revenue front as the company posted growth On the margin front the print was broadly in line with our estimates. Gross margins for the quarter came in at 29.8% versus 30.3% of our estimates which was a YoY decline of 650 basis points On the earnings front Triveni Engineering posted core profit after tax of Rs 1473 million growth; after factoring gain of Rs 294 million on swap of export quota) versus our estimates of Rs 1059 mn