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Thermax Q2 net profit drops 25% to Rs 65 crore

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Press Trust of India New Delhi
Engineering solutions provider Thermax Ltd today reported 24.6 per cent drop in standalone net profit at Rs 64.83 crore for the quarter ended September 30, 2015.

The company's net profit in the year-ago period was Rs 86.01 crore, Thermax said in a regulatory filing.

Total income of the company during the period decreased to Rs 1,069.62 crore from Rs 1,180.31 crore in the year-ago period.

"As on September 30, Thermax has an order backlog of Rs 4,006 crore against Rs 5,016 crore in September, 2014," the company said in a statement.

Thermax Ltd, a leading energy and environment solutions provider, has manufacturing facilities in India, China and Europe.

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First Published: Oct 27 2015 | 7:22 PM IST

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