New Delhi: Energy and environment solutions provider Thermax Ltd on Wednesday posted a 10.3 per cent decline in consolidated net profit at Rs 48.96 crore for the fiscal first quarter that ended on June 30.
The company had posted a net profit, after share of profit of associate and joints venture, of Rs 54.64 crore for the corresponding period a year ago, it said in a filing to the BSE.
The income from operations in the quarter under review declined 18.5 per cent to Rs 1,002.13 crore, as against Rs 1,230.69 crore in the year-ago period.
Total expenses declined to Rs 941.10 crore as against Rs 1,147.06 crore in the corresponding quarter of the previous fiscal year.
Thermax is a Rs 5,516-crore company, providing a range of engineering solutions to the energy and environment sectors, according to its website.
The company is headquartered in Pune and operates globally through 19 international offices, 12 sales and service offices and 11 manufacturing facilities - seven of which are in India and four overseas.
The company had posted a net profit, after share of profit of associate and joints venture, of Rs 54.64 crore for the corresponding period a year ago, it said in a filing to the BSE.
The income from operations in the quarter under review declined 18.5 per cent to Rs 1,002.13 crore, as against Rs 1,230.69 crore in the year-ago period.
Total expenses declined to Rs 941.10 crore as against Rs 1,147.06 crore in the corresponding quarter of the previous fiscal year.
Thermax is a Rs 5,516-crore company, providing a range of engineering solutions to the energy and environment sectors, according to its website.
The company is headquartered in Pune and operates globally through 19 international offices, 12 sales and service offices and 11 manufacturing facilities - seven of which are in India and four overseas.
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