Thermax Ltd, a well-known energy and environmental solutions provider, announced a 25% year-on-year growth in consolidated net profit for the second quarter of the financial year 2025, reaching ₹198 crore.
This rise is due to improved operational performance in all categories, including Industrial Products, Industrial Infra, Green Solutions, and Chemicals.
Financial Highlights:
Revenue: The company’s consolidated operating revenue rose by 13% to ₹2,612 crore in Q2 FY25, up from ₹2,302 crore in the same quarter the previous year.
Order Balance: As of September 30, 2024, Thermax’s order balance stood at ₹11,593 crore, marking a 13% increase from ₹10,264 crore a year earlier.
Order Booking: The company secured orders worth ₹3,353 crore during the quarter, a significant 70% rise compared to the previous year.
Notable Developments:
During this period, Thermax Babcock & Wilcox Energy Solutions Ltd (TBWES), a entire-owned subsidiary, received orders totaling ₹1,029 crore for energy projects from an industrial conglomerate in Botswana, Southern Africa.
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