Energy and environment major Thermax Ltd has posted a net profit of Rs 91 crore in the quarter ended September 30 against Rs 102 crore in the same period last year, translating into a 10 per cent dip year on year. The company’s total operating income in Q2 FY13 at Rs 1,192 crore, was also nine per cent lower than Rs 1,304 crore in Q2 FY12.
For the six-month period, net profit stood at Rs 158 crore against Rs 182 crore in H1 FY12, while operating income was Rs 2,176 (Rs 2,348 crore). At the end of the quarter under review, Thermax has an order backlog of Rs 4,412 crore against Rs 5,770 crore in September last year, reflecting weak demand in the infrastructure sector, especially the power segment.