Thermax Q1FY24 Results: Consolidated PAT of Rs. 58.88 Cr

Thermax Q1FY24 Results Consolidated PAT of Rs. 58.88 Cr

Thermax Q1 results show revenue fell from 2368.31 crores to 1986.02 crores, a -16.14% decrease in growth. EPS down from ₹13.85 to ₹5.23, down by -62.24%.

First, Let’s Begin with Quarter-on-Quarter Basis:

Thermax shared its Q1 results on Tuesday. They earned 1986.02 crores in revenue this quarter, but that’s less than the 2368.31 crores they made last quarter. Unfortunately, the company’s growth decreased by -16.14 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 58.88 crores, down from 155.99 crores in the previous quarter. Their quarter-to-quarter growth decreased by -62.25 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹5.23, which is a decrease of -62.24% from the ₹13.85 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 1986.02 crores this year (2023), which is 18.57 percent higher than last year’s total revenue of 1675.02 crores.

This year’s PAT (Profit After Tax) is 58.88 crores, which is also -0.12% lower than last year’s PAT of 58.95 crores.

The EPS (Earnings Per Share) for this year is ₹5.23, which is equal to the EPS of ₹5.23 earned last year.

Also Read: Redington Q1FY24 Results: Consolidated PAT of Rs. 248.78 Cr

Thermax Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About Thermax:

Thermax Ltd is a Pune-based Indian multinational engineering conglomerate, specializing in clean air, clean energy, clean water, and chemicals. The company offers integrated products in these areas to promote sustainability and environmental responsibility.

Download the Full PDF of Thermax Q1 Results: Click Here

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