Thermax Ltd. Results

Q2FY25 Quarterly Result Announced for Thermax Ltd.

Heavy Electrical Equipment company Thermax announced Q2FY25 results Standalone Financial Highlights: Operating revenue of Rs 1,519 crore during the Q2FY25, a 5% growth as compa red to Rs 1,444 crore in the Q2FY24. Profit after tax for the quarter stood at Rs 108 crore (Rs 64 crore), a growth of 69%. Order booking for the quarter was higher by 22% at Rs 1,638 crore (Rs 1,347 crore) as compared to the Q2FY24. Order balance on September 30, 2024, stood at Rs 6,424 crore (Rs 6,636 crore), down 3%. Consolidated Financial Highlights: Consolidated operating revenue of Rs 2,612 crore in the Q2FY25, a 13% increase as compared to Rs 2,302 crore in the Q2FY24. consolidated profit after tax (PAT) is Rs 198 crore (Rs 159 crore) an increase of 25% over Q2FY24. Order balance for the quarter was Rs . 11,593 crore (Rs 10,264 crore), up 13% from the Q2FY24. Order booking for the quarter stood at Rs 3,353 crore (Rs 1,973 crore), up by 70%.

Q1FY25 Quarterly Result Announced for Thermax Ltd.

Heavy Electrical Equipment company Thermax announced Q1FY25 results: Financial Highlights: Consolidated Operating Revenue: Rs 2,184 crore, a 13% increase from Rs 1,933 crore in Q1FY24. Consolidated Profit After Tax (PAT): Rs 109 crore, up 82% from Rs 60 crore in the corresponding quarter of the previous fiscal year, impacted last year by a Rs 51 crore exceptional litigation charge. Profit Before Tax (PBT): Rs 161 crore, a 13% increase from Rs 142 crore in Q1FY24, excluding the exceptional item. Order Balance: Rs 10,681 crore as of June 30, 2024, reflecting a 2% increase from Rs 10,505 crore in the same quarter last year. Order Booking: Totaled Rs 2,569 crore for the quarter, slightly up from Rs 2,567 crore in Q1FY24. Standalone Operating Revenue: Rs 1,311 crore, a 13% growth compared to Rs 1,161 crore in the same quarter last year. Standalone Profit After Tax (PAT): Rs 86 crore, a 95% increase from Rs 44 crore in Q1FY24, also affected by the prior year's exceptional litigation charge. Standalone Order Balance: Rs 6,333 crore as of June 30, 2024, a decline of 6% from Rs 6,746 crore in the corresponding quarter last year.

Q4FY24 Quarterly & FY24 Annual Result Announced for Thermax Ltd.

Heavy Electrical Equipment company Thermax announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Consolidated operating revenue: Rs 2,764 crore, a 20% increase compared to Rs 2,311 crore in Q4FY23. Consolidated PAT: Rs 188 crore, up by 20% from Rs 156 crore in Q4FY-23. Order balance: Rs 10,111 crore, a 4% increase from the corresponding quarter of the previous fiscal year. Order booking: Rs 2,309 crore, a 2% increase compared to the corresponding quarter of the previous fiscal year. Standalone operating revenue: Rs 1,738 crore, a 17% growth from Rs 1,490 crore in the corresponding quarter last year. Standalone PAT: Rs 129 crore, up by 6%. Standalone order booking: Rs 1,623 crore, a 9% increase compared to the previous year. Standalone order balance: Rs 6,213 crore, down by 1% compared to the previous year. FY24 Financial Highlights: Consolidated operating revenue: Rs 9,323 crore, a 15% increase compared to Rs 8,090 crore in the previous year. Consolidated PAT: Rs 643 crore, up by 43%. Dividend recommendation: Rs 12 per share for FY24.

Q3FY24 Quarterly Result Announced for Thermax Ltd.

Heavy Electrical Equipment company Thermax announced Q3FY24 results: Consolidated Q3FY24: Revenue Growth: Thermax Group's consolidated operating revenue stood at Rs 2,324 crore, marking a 13% increase from Rs 2,049 crore in the same quarter of the previous fiscal year. Net Profit Increase: The consolidated profit after tax (PAT) surged by 88% to Rs 237 crore, up from Rs 126 crore in the corresponding quarter of the previous fiscal year. Exceptional Gain: Included in the current year's profit is an exceptional gain of Rs 126 crore resulting from the transfer of leasehold rights on a vacant plot of land. Profit Before Tax and Exceptional Items: The figure was reported at Rs 183 crore, an 11% rise from Rs 165 crore in Q3 FY '23. Order Balance: As of December 31, 2023, it stood at Rs 10,717 crore, indicating a 9% year-on-year increase from Rs 9,859 crore. Order Booking: The company booked 14% more orders in the quarter, tallying Rs 2,506 crore compared to Rs 2,204 crore in the previous year. Standalone Q3FY24: Operating Revenue: Reported an 11% growth to Rs 1,480 crore, compared to Rs 1,331 crore in the same quarter of the last fiscal year. Standalone PAT: Saw a 123% increase, reaching Rs 201 crore, benefiting significantly from the exceptional gain on the sale of assets. Order Booking and Balance: The order booking increased by 17% over the previous year to Rs 1,154 crore. The order balance noted a slight 2% decrease to Rs 6,258 crore from Rs 6,358 crore.