Thermax Q3 net up 35%
Thermax Limited, a leader in energy and environment management, today announced improved results for the third quarter ended December 2007. Net profit at Rs 75 crore for the quarter was up 35 %. Total income for the quarter increased by 53% to Rs. 854 crore compared to Rs. 558 crore in the same period of the previous year. Exports were up 93%. The year to date net profit was 70 % higher at Rs. 200 crore.
On a consolidated basis, year to date, the Thermax group total income stood at Rs. 2495 crore (Rs. 1494 crore, last year) and consolidated net profit was Rs. 208 crore (Rs.132 crore, last year) – an increase respectively of 67 % and 57%.
The order book of the Thermax group at December 31, 2007 stood at Rs. 2924 crore.
Sourced From: Genesis Burson-Marsteller
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