ResultsBusiness Standard
Thermax shares plunge 15% on weak Q2 operational performance
Negative-21Company event
GreyOak summary
Thermax shares fell 15% to a 52-week low after reporting a 5.3% decline in consolidated PAT for Q2FY27. Revenue grew 11.4% YoY, but profitability was weighed down by higher input costs, adverse product mix, and a 15 crore impairment in the Green Solutions segment. Order booking declined 8.2% YoY, raising concerns about fresh momentum despite a growing order balance.
What it affects
- ThermaxTHERMAXNegative -21
Shares plunged 15% on weak Q2 resultsRolling sentiment Negative -37
Source
Read the original at Business StandardMore Thermax news
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