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Thermax Ltd Q3FY24; 88% 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 Q3FY24 of ₹2,324.00 Crores up from ₹2,049.00 Crore year on year, a rise of 13.42%.

Total Expenses for Q3FY24 of ₹2,200.00 Crores up from ₹1,926.00 Crores year on year, a rise of 14.23%.

Consolidated Net Profit of ₹237.00 Crores up 88.1% from ₹126.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹20.00, up 88.86% from ₹10.59 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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