ResultsCNBC-TV18
Thermax expects stronger growth from Q3 as backlog converts
Positive+15Company event
GreyOak summary
Thermax MD & CEO Ashish Bhandari stated that the company expects growth to pick up from the October-December quarter of 2026. This improvement is driven by a substantial order backlog translating into revenue, clearing previous supply-chain disruptions. While specific guidance for FY27 was not provided, the company anticipates high double-digit growth potential.
What it affects
- ThermaxTHERMAXPositive +15
Backlog converts to revenue boosting growth outlook.Rolling sentiment Negative -37
Source
Read the original at CNBC-TV18More Thermax news
- Thermax’s H2 recovery bet runs into old execution hurdlesMint · Results ·
- Thermax: H2 recovery holds key to earnings revivalMoneycontrol · Results ·
- Thermax shares extend losses; JPMorgan upgradesCNBC-TV18 · Company update ·
- JPMorgan upgrades Thermax to Overweight, cuts targetNDTV Profit · Results ·
- Hindalco posts record quarter; Thermax falls 17%CNBC-TV18 · Results ·