Are Thermax latest results good or bad?
Thermax's latest results are generally positive, with net sales and operating profit reaching five-quarter highs and year-on-year growth in key metrics, despite an overall flat performance compared to previous quarters. This indicates a favorable near-term outlook for the company.
Thermax has reported its financial results for the quarter ending March 2025, revealing a flat financial performance compared to previous quarters. However, the company experienced an adjustment in its evaluation over the last three months.In terms of net sales, Thermax achieved Rs 3,084.93 crore, marking its highest quarterly figure in the last five quarters, with a year-on-year growth of 11.62%. The operating profit also reached a five-quarter high at Rs 299.67 crore, reflecting a year-on-year growth of 9.71%. Profit Before Tax (PBT) was reported at Rs 223.79 crore, another peak in the last five quarters, while Profit After Tax (PAT) stood at Rs 205.73 crore, showing a year-on-year growth of 8.09%.
Earnings per Share (EPS) for the quarter was reported at Rs 18.26, the highest in the last five quarters, indicating a positive trend in profitability and earnings for shareholders. Despite the overall flat performance, these figures suggest a favorable near-term outlook for Thermax.
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