Pune-based maker of industrial boilers, Thermax has registered a fall of 16% in April-June quarterly profit at Rs 67 crore.
The company had posted a net profit of Rs 80 crore for the quarter ended June 30, 2011.
The total income has also decreased 5% from Rs 1,059 crore for the quarter ended June 30, 2011 to Rs 1,002 crore for the quarter ended June 30, 2012.
At the Bombay Stock Exchange (BSE), shares of Thermax were trading at Rs 506.35 apiece, down 0.84% from the previous day's close.
Details awaited...
