Thermax Posts Profit Rise in FY25 Q4 Amid Increased Revenues
Energy and environment solutions provider Thermax reported a 10% rise in net profit to Rs 206 crore for Q4 FY25, driven by increased revenues. The company faced higher technology costs but plans a dividend of Rs 14 per share. Order balance and bookings experienced slight fluctuations.
- Country:
- India
On Friday, energy and environment firm Thermax announced a consolidated net profit increase of 10%, reaching Rs 206 crore for the March quarter of FY25, attributed mainly to higher revenues.
The period saw a revenue rise to Rs 3,085 crore compared to Rs 2,764 crore the previous year. Despite the positive profit figures, the quarterly results were impacted by increased technology intervention costs of Rs 66 crore in Bio-CNG projects. The board has also proposed a dividend of Rs 14 per share, awaiting shareholder approval.
Order booking decreased by 8% to Rs 2,119 crore. The company's standalone revenue during the quarter saw a 13% increase, with profit after tax growing to Rs 275 crore. The firm approved Ashish Bhandari's reappointment as Managing Director and CEO for another five-year term starting September 2025.
(With inputs from agencies.)
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