14 May, 2010

Purolite payout hits Thermax PAT

An out-of-court settlement with the US-based Purolite International Ltd involving a payout of $38 million (Rs 174 crore) to end a legal dispute over its ion exchange resin business, has eroded the FY10 net profit of Thermax Ltd. Though Q4 PAT was


Source: The Hindu Business Line

Company: THERMAX
 
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