Thermax Limited reported earnings results for the second quarter and six months ended September 30, 2025. For the second quarter, the company reported sales was INR 24,739 million compared to INR 26,156.9 million a year ago. Revenue was INR 25,593.1 million compared to INR 26,754.6 million a year ago. Net income was INR 1,196.6 million compared to INR 1,970.3 million a year ago. Basic earnings per share from continuing operations was INR 10.62 compared to INR 17.49 a year ago. Diluted earnings per share from continuing operations was INR 10.62 compared to INR 17.49 a year ago.
For the six months, sales was INR 46,314.3 million compared to INR 47,941.4 million a year ago. Revenue was INR 47,824.7 million compared to INR 49,380 million a year ago. Net income was INR 2,720.4 million compared to INR 3,128.4 million a year ago. Basic earnings per share from continuing operations was INR 24.15 compared to INR 27.77 a year ago. Diluted earnings per share from continuing operations was INR 24.14 compared to INR 27.77 a year ago.
Thermax Limited is an India-based energy and environment solutions provider. The Company's segments include Industrial Products, Industrial Infra, Green Solutions and Chemical. Industrial Products segment includes air pollution control, cooling, heating, water and waste solutions, and specialized services. Industrial Infra segment includes boilers and fired heaters, projects and energy solutions, and specialized services. Green Solutions segment includes build-own-operate, energy management solutions, green hydrogen projects and renewable energy (solar/wind). Chemical segment includes construction chemicals, ion exchange resins, oil field chemicals and performance chemicals. Its Thermax EDGE Live is a digital solution that uses AI and machine learning to analyze data from all industrial equipment worldwide and help clients to optimize asset performance in terms of up time and efficiency. It serves various industries, including aviation, construction, biotechnology and chemicals.
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ESG MSCI
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