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(11 May 2024, 07:34)

Thermax consolidated net profit rises 22.01% in the March 2024 quarter

Sales rise 19.60% to Rs 2763.68 crore


Net profit of Thermax rose 22.01% to Rs 190.33 crore in the quarter ended March 2024 as against Rs 155.99 crore during the previous quarter ended March 2023. Sales rose 19.60% to Rs 2763.68 crore in the quarter ended March 2024 as against Rs 2310.82 crore during the previous quarter ended March 2023.

For the full year,net profit rose 43.30% to Rs 645.28 crore in the year ended March 2024 as against Rs 450.29 crore during the previous year ended March 2023. Sales rose 15.25% to Rs 9323.46 crore in the year ended March 2024 as against Rs 8089.81 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales2763.682310.82 20 9323.468089.81 15
OPM %9.888.65 -8.547.38 -
PBDT300.74243.79 23 941.55719.92 31
PBT250.86214.35 17 793.47603.06 32
NP190.33155.99 22 645.28450.29 43

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