Engineering equipment maker Thermax Ltd today said its net profit declined by 21.84% to Rs 56.50 crore for the third quarter ended December 31, over the same period corresponding fiscal.
Total income declined to Rs 748.25 crore for the latest quarter against Rs 795.05 crore for the same period previous fiscal, Thermax said in a filing to the Bombay Stock Exchange.
For the nine-month period ended December 31, 2009, the company posted a net profit of Rs 157.11 crore against Rs 192.96 crore for the same period last fiscal.