Archive · 1 Aug 2025
Thermax Q1 Net Profit Jumps Despite Revenue Dip
Thermax, a company, made more money (39% increase in profit) in the June quarter, even though they didn't sell as much (2% drop in revenue) because of some delays.
They made money from the Maharashtra government.
The company expects to make money in the future.
The boss said that some customers had delayed taking the equipment because of rain which affected work.
The company is keeping an eye on how new taxes from the US might affect one part of their business.
They think a deal between India and the UK could help them in the next six months to a year.
Thermax's net profit increased by 39% to ₹151 crore in the June quarter.
Revenues dipped by 2% to ₹2,150 crore due to delayed customer clearances.
Ebitda margins improved to 10.5% from 6.5% in the same period last year.
Order bookings rose by 7% to ₹2,748 crore, with an order backlog of ₹11,376 crore.
The company is assessing the impact of US tariffs on its chemicals business.
- Who
- Thermax is the company that reported the financial results.
- What
- Thermax reported a 39% increase in net profit despite a 2% decline in revenue.
- When
- The financial results are for the June quarter.
- Where
- The company operates and reports financial results in India.
- Why
- The revenue dip was due to delayed customer clearances and execution challenges, and the chemicals business not growing as anticipated.
Issues
Issues
Reasons for Revenue Dip
Issues
The revenue dipped by 2% due to delayed customer clearances.
Issues
The chemicals business did not grow as anticipated.
- Net Profit (June Quarter)
- ₹151 crore (up 39%)
- Revenue (June Quarter)
- ₹2,150 crore (down 2%)
- Ebitda Margins
- 10.5%
- Order Bookings
- ₹2,748 crore (up 7%)
- Order Backlog
- ₹11,376 crore (up 7%)
- Standalone Revenue Decline
- 10%