Wed, Nov 13, 2024
The current quarter's revenue and profit are favourably impacted by an accrual of Rs 66 crore as income towards the incentive receivable under the Packaged Incentive Scheme (PSI), 2007 from the Maharashtra government, the company said in a statement.
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Mon, Jun 10, 2024
While the near-term outlook of Thermax looks mixed amid cost pressures and supply chain issues, a strong order book offers support. Furthermore, given the company's focus on energy-efficient solutions and exposure to sectors like cement and steel, its growth looks sustainable, broadly in line with the overall capital goods sector's cyclical recovery.
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