Energy and environment solutions major Thermax Ltd has registered a net profit of ₹ 106 crore in Q4 14 versus ₹ 115 crore in Q4 13, a dip of 7.8 per cent.
The company’s revenues in the two quarters stood at ₹ 1,383 crore and ₹ 1,468 crore respectively, showing a decline of 5.7 per cent year on year.
The Board has recommended a dividend of 300 per cent for 2013-14.
For fiscal 2013-14, the company’s profit-after-tax stood at ₹ 253 crore against ₹ 350 crore in FY 13, registering a dip of 28 per cent. The operating revenue dropped by 8 per cent to stand at ₹ 4,302 crore compared to ₹ 4,691 crore in the previous year.
During the year, Thermax bagged a ₹ 1,700 crore order from a petrochemical company to design, manufacture and commission nine circulating fluidised bed combustion, high pressure boilers.
The company’s order booking has improved by 11 per cent to ₹ 5,394 crore.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.