Thermax Limited — Results, 04-02-2025: Integrated Filing- Financial

The Board of Thermax Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. Consolidated revenue saw an 8% year-on-year increase to ₹2,507.76 crore, with a net profit of ₹113.73 crore, down 52% primarily due to an exceptional gain of ₹126 crore from the prior year. The Board also approved a corporate guarantee for ₹400 crore to its subsidiary, First Energy Private Limited, enhancing financial support to its operations. This announcement may signal investor confidence, despite some profit volatility, indicating potential growth opportunities through strategic acquisitions and expanded order books.