Thermax Q4 results: PAT down 69% at Rs 39 crore

New Delhi: Energy solutions provider ThermaxNSE 5.74 % Ltd on Thursday reported a 69 per cent decline in consolidated profit after tax (PAT) at Rs 39 crore for the quarter ended March 31, 2020, mainly on account of lower income.

The company had posted a PAT of Rs 127 crore during the same period a year ago, Thermax Ltd said in a statement.

Total income fell to Rs 1,353.66 crore during the quarter under review from Rs 2,125.62 crore in January-March quarter of 2018-19 fiscal.

The company’s total expenses stood at Rs 1,295.06 crore as against Rs 1,931.06 crore in year-ago quarter.

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