Thermax Limited announced a consolidated net profit of over 20%, reaching ₹188 crore in the March 2024 quarter, driven by increased revenues. The company disclosed that it had achieved a profit after tax of ₹156 crore in the corresponding period of the previous fiscal year.
Furthermore, its consolidated income for the quarter surged to ₹2,818.93 crore compared to ₹2,368.31 crore in the same period last year.
The quarter also witnessed a 2% increase in order booking, totaling ₹2,309 crore, up from ₹2,254 crore in the year-ago quarter.
The board has proposed a dividend of ₹12 per share for the fiscal year 2023-24, pending approval from shareholders.
Thermax is recognized as a leading provider of energy and environment solutions.
