Thermax Q3 net profit jumps 88% to Rs 237 crore on increased revenue
Thu, Feb 8, 2024 10:49 PM

Thermax Q3 net profit jumps 88% to Rs 237 crore on increased revenue

A Flip by Shubhangi Gupta
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Thermax Ltd, an energy and environment solutions provider, saw a jump in profit by 87.7% (Rs 237.06 crore) in the December quarter compared to the same period last year due to increased revenue. The company's operating revenue and EBITDA also increased by 13.4% and 20.9%, respectively. In addition, Thermax has approved the setting up of a new manufacturing plant.

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