ResultsCNBC-TV18
Thermax Q2 earnings miss estimates as higher input costs weigh on profitability
Negative-12Company event
GreyOak summary
Thermax reported a 4.2% decline in net profit to ₹115 crore for the September quarter, missing analyst estimates despite revenue growth of 11.4% to ₹2,756 crore. The drop was driven by higher input costs and an additional ₹15 crore impairment provision in the Green Solutions segment. EBITDA grew 12.8% to ₹194 crore.
What it affects
- ThermaxTHERMAXNegative -12
Net profit fell due to higher input costsRolling sentiment Negative -37
Source
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