Thermax consolidated net profit declines 69.24% in the March 2020 quarter

Image
Capital Market
Last Updated : Jun 18 2020 | 6:05 PM IST

Sales decline 36.20% to Rs 1322.96 crore

Net profit of Thermax declined 69.24% to Rs 39.03 crore in the quarter ended March 2020 as against Rs 126.90 crore during the previous quarter ended March 2019. Sales declined 36.20% to Rs 1322.96 crore in the quarter ended March 2020 as against Rs 2073.67 crore during the previous quarter ended March 2019.

For the full year,net profit declined 34.78% to Rs 212.25 crore in the year ended March 2020 as against Rs 325.43 crore during the previous year ended March 2019. Sales declined 4.05% to Rs 5731.31 crore in the year ended March 2020 as against Rs 5973.17 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales1322.962073.67 -36 5731.315973.17 -4 OPM %4.818.22 -7.087.64 - PBDT89.37218.87 -59 490.96591.93 -17 PBT58.60194.21 -70 374.33499.91 -25 NP39.03126.90 -69 212.25325.43 -35

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 18 2020 | 5:51 PM IST

Next Story