Wednesday 28 May 2014

Thermax reports 8% drop in Q4 net profit

Thermax has reported results for fourth quarter and year ended March 31, 2014.
The company has posted a fall of 8.16% in its net profit at Rs 105.90 crore for the quarter ended March 31, 2014 as compared to Rs 115.32 crore for the same quarter in the previous year.  Total income of the company has decreased by 5.02% at Rs 1417.64 crore for quarter under review as compared to Rs 1492.62 crore for the quarter ended March 31, 2013.
For the year ended March 31, 2014, the company has posted a fall of 27.71% in its net profit at Rs 252.97 crore as compared to Rs 349.96 crore in the previous year. Total income of the company has decreased by 8.34% at Rs 4366.46 crore for year under review as compared to Rs 4763.88 crore for the year ended March 31, 2013.

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