{"id":553826,"date":"2023-02-08T09:06:27","date_gmt":"2023-02-08T03:36:27","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=553826"},"modified":"2023-02-08T09:36:07","modified_gmt":"2023-02-08T04:06:07","slug":"thermax-profit-after-tax-up-59-y-o-y-to-rs-126-cr-in-dec-quarter","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/thermax-profit-after-tax-up-59-y-o-y-to-rs-126-cr-in-dec-quarter\/","title":{"rendered":"Thermax profit after tax up 59% y-o-y to Rs 126 cr in Dec quarter"},"content":{"rendered":"<p>Energy and environment solutions provider Thermax on Tuesday posted a 59 per cent jump in its net profit to Rs 126 crore in the December quarter mainly due to higher revenues.<\/p>\n<p>&#8220;Profit after tax (PAT or net profit) stood at Rs 126 crore, up 59 per cent as compared to Rs 79 crore in the corresponding quarter of FY 2021-22,&#8221; a company statement said.<\/p>\n<p>For the third quarter of FY 2022-23, Thermax posted a consolidated operating revenue of Rs 2,049 crore in the quarter compared to Rs 1,615 crore in the same period a year ago.<\/p>\n<p>The profitability was driven by good performance in all three segments &#8211; Energy, Environment and Chemical; last year&#8217;s margins were affected by higher commodity and freight costs, which have now stabilised, the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Energy and environment solutions provider Thermax on Tuesday posted a 59 per cent jump in its net profit to Rs 126 crore in the December quarter mainly due to higher revenues. &#8220;Profit after tax (PAT or net profit) stood at Rs 126 crore, up 59 per cent as compared to Rs 79 crore in the corresponding quarter of FY 2021-22,&#8221; a company statement said. For the third quarter of FY 2022-23, Thermax posted a consolidated operating revenue of Rs 2,049 crore in the quarter compared to Rs 1,615 crore in the same period a year ago. The profitability was driven [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-553826","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=553826"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/553826\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=553826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=553826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=553826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}