Thermax announced an increase of 24.93% in standalone net profit for the quarter ended March 2015. During the quarter, the profit of the company was Rs 1,323.11 million from Rs 1,059.07 million in the same quarter last 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 a 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 14.95, or 1.46%, to trade at Rs 1,008.45. The total volume of shares traded was 5,303 at the BSE (11.52 a.m., Wednesday).
