Thermax disclosed a good increase in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 24.93% to Rs 1,323.11 million from Rs 1,059.07 million in the same quarter previous year.
Revenues for the quarter rose 11.70% to Rs 15,835.66 million, compared with Rs 14,176 million for the prior year period.
Earnings per share for the quarter stood at Rs 11.10, registering 24.86% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Mar - 15 | Mar - 14 | %Change |
| Revenues | 15,835.66 | 14,176.49 | 11.70 |
| Net Profit | 1,323.11 | 1,059.07 | 24.93 |
| Diluted EPS | 11.10 | 8.89 | 24.86 |
Shares of the company declined Rs 13.85, or 1.35%, to trade at Rs 1,009.55. The total volume of shares traded was 3,987 at the BSE (10.51 a.m., Wednesday).
