Thermax Ltd has posted a net profit of ₹65 crore during the second quarter of fiscal 2016 against ₹86 crore in the same period of fiscal 2015, representing a decline of 25 per cent year-on-year. The operating revenue at ₹1,057 crore against ₹1,157 crore, respectively, in the two quarters under review was down by nine per cent. During the quarter, the order inflow was ₹810 crore, a dip of 26 per cent in comparison to ₹1,089 crore last year.