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Thermax Q4 net up 67 pc to Rs 126.9 cr

Press Trust of India  |  New Delhi 

Ltd Wednesday posted a 67 per cent on year jump in its consolidated net profit at Rs 126.90 crore for the quarter ended March 2019, mainly on account of higher revenues.

The company's consolidated net profit was at Rs 75.69 crore for the quarter ended on March 31, 2018, it said in a BSE filing.

Total income rose to Rs 2,125.62 crore in the March quarter from Rs 1,187.96 crore in the year-ago period.

The company's consolidated net profit for 2018-19 rose to Rs 325.43 crore from Rs 231.16 crore in 2017-18. Total income in the last fiscal also rose to Rs 6,123.05 crore from Rs 4,602.03 crore.

The company's board has recommend a dividend of Rs 7 (350 per cent) per equity share of Rs 2 each for 2018-19, subject to approval of shareholders at the ensuing 38th Meeting.

also said its Group and Key Managerial Person has resigned from the company and his resignation accepted with effect from May 31, 2019.

It said has been appointed as the Group and Key Managerial Person from June 1.

provides and in the areas of heating, cooling, power, water and waste management, air and

It has manufacturing facilities in India, China, and

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 22 2019. 17:56 IST