Thermax consolidated net profit rises 175.04% in the March 2021 quarter

Sales rise 19.01% to Rs 1574.52 crore

Net profit of Thermax rose 175.04% to Rs 107.35 crore in the quarter ended March 2021 as against Rs 39.03 crore during the previous quarter ended March 2020. Sales rose 19.01% to Rs 1574.52 crore in the quarter ended March 2021 as against Rs 1322.96 crore during the previous quarter ended March 2020.

For the full year,net profit declined 2.76% to Rs 206.58 crore in the year ended March 2021 as against Rs 212.45 crore during the previous year ended March 2020. Sales declined 16.40% to Rs 4791.25 crore in the year ended March 2021 as against Rs 5731.31 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1574.521322.96 19 4791.255731.31 -16 OPM %8.874.81 -7.417.09 - PBDT169.1889.37 89 442.29491.16 -10 PBT140.3858.60 140 327.72374.53 -12 NP107.3539.03 175 206.58212.45 -3

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