The company had posted consolidated net profit after tax, non controlling interest and share of profit of joint ventures of Rs 59.4 crore in the corresponding quarter of previous fiscal, Thermax Ltd said in a filing to BSE.
However, total income from operations declined to Rs 1,095.7 crore, from Rs 1,265 crore in the year-ago period.
Total expenses during the quarter fell to Rs 1,023.75 crore, from Rs 1,172.90 crore in the corresponding quarter of the previous fiscal.