Thermax reports Rs 15.27 crore consolidated loss for June quarter
Thermax Ltd on Wednesday reported a consolidated net loss of Rs 15.27 crore for the quarter ended June 30.
It had posted a Rs 62.76 crore net profit during the corresponding quarter of the previous financial year, Thermax Ltd said in a BSE filing.
The company during April-June 2020 reported a total income of Rs 685.86 crore. It had posted a total income of Rs 1,414.01 crore in the year-ago quarter.
Its total expenses during the June 2020 quarter stood at Rs 708.35 crore. It had stood at Rs 1,323.96 crore a year ago.
In a statement, it said Thermax Group Managing Director and Chief Executive Officer M S Unnikrishnan will retire on August 31, 2020, after serving the company for 13 years in the capacity.
