Thermax Q2 net soars 134%

Thermax's Q2 net profit soared 133.7% to Rs 25.31 crore for the quarter ended September 30, 2005 as against Rs 10.83 crore in the corresponding quarter a year ago.

According to a release issued by Thermax to the BSE today, the total income increased 40% at Rs 311.43 crore in Q2FY06 from Rs 222.33 crore in Q2FY05.

"The company is also planning investment of Rs 100 crore to enhance its manufacturing base," the release added.