News Announcement

Thermax: Announces Q2 results (Standalone & Consolidated), Limited Review Report (Standalone & Consolidated) & Results Press Release for the Quarter ended September 30, 2016

Thermax Ltd has announced the following results for the quarter ended September 30, 2016:

The Unaudited Standalone results for the Quarter ended September 30, 2016

The Company has posted a net profit of Rs. 596.60 million for the quarter ended September 30, 2016 as compared to Rs. 618.00 million for the quarter ended September 30, 2015. Total Income has decreased from Rs. 11023.80 million for the quarter ended September 30, 2015 to Rs. 8996.40 million for the quarter ended September 30, 2016.

The Consolidated Results are as follows:

The Unaudited Consolidated results for the Quarter ended September 30, 2016

The Group has posted a net profit after tax, non controlling interest and share of profit of joint ventures of Rs. 785.80 million for the quarter ended September 30, 2016 as compared to Rs. 591.30 million for the quarter ended September 30, 2015. Total Income has decreased from Rs. 12903.20 million for the quarter ended September 30, 2015 to Rs. 11318.50 million for the quarter ended September 30, 2016.

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