Thermax Limited — Board Meeting, 31-07-2025: Outcome of Board Meeting

Thermax's board has approved its Q1 FY26 consolidated financial results. The company reported a strong 39% rise in consolidated Profit After Tax (PAT) to Rs. 151 Cr. While revenue dipped 2% to Rs. 2,150 Cr, attributed partly to execution challenges, order booking impressed with a 7% jump to Rs. 2,748 Cr. This boosted the order balance by 7% to Rs. 11,376 Cr. Thermax also made strategic adjustments to its group structure, including increasing its stake in a key subsidiary.