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    ALPHA TRIBE

    Thermax Limited — Board Meeting, 11-11-2025: Outcome of Board Meeting

    11-11-2025 | 05:27 pm

    Thermax's Board approved Q2 & H1 financial results. Consolidated revenue: ₹2,474 Cr (-5%); PAT: ₹119 Cr (-40%) due to prior year's incentives & project overruns. Order balance grew 6% to ₹12,300 Cr. Strategic moves: Thermax Bioenergy Solutions became wholly-owned, and a subsidiary merger got the nod.

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