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Thermax Ltd Q2FY24; 46% rise in Profits

Thermax Limited offers solutions to energy, environment and chemical sectors. The Company’s portfolio includes boilers and heaters, absorption chillers/ heat pumps, power plants, solar equipment, air pollution control equipment/system, water and waste recycle plant, ion exchange resins and performance chemicals and related services.

Financial Results:

Thermax Ltd reported Revenues for Q2FY24 of ₹2,302.00 Crores up from ₹2,075.00 Crore year on year, a rise of 10.94%.

Total Expenses for Q2FY24 of ₹2,151.00 Crores up from ₹1,973.00 Crores year on year, a rise of 9.02%.

Consolidated Net Profit of ₹159.00 Crores up 45.87% from ₹109.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹13.24, up 44.54% from ₹9.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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