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03 Feb, 2012

Thermax expects revenues to fall in next fiscal

Thermax Ltd, an energy and environment solutions provider, expects revenues to decline in the first few quarters of the next fiscal year hurt by sluggish growth in orders in key segments, its managing


Source: Sify.com

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03 Feb, 2012

Thermax PAT down 5%

Thermax Ltd reported an operating revenue of Rs 1269 crore for the third quarter of FY 2011-12, as against Rs 1241 crore for the corresponding period of last year showing a rise of 2 per cent. India


Source: Sify.com

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03 Feb, 2012

Thermax Q3 net profit down 5%

Thermax Ltd has reported a net profit of Rs 95 crore for the third quarter of the current fiscal, a decline of 5 per cent year-on-year. The energy and environment solutions company earned...


Source: The Hindu Business Line

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18 Jan, 2012

Thermax says govt needs to implement policies with iron hands; liquidity issues haunting sector

Slow decision making, lack of initiatives, higher cost of borrowing and delay in project clearance have compounded the fall in capital goods. "The Land acquisition act needs to be enacted and government should fast-track the clearance procedure," Thermax said in an interview with Bloomberg UTV.


Source: BloombergUTV.com

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27 Dec, 2011

Thermax says orders alone are insufficient to meet projected growth of 15%

MS Unnikrishnan, CEO Thermax Ltd, does not think capital goods industry should expect a better performance than what they have done in the current year


Source: BloombergUTV.com

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21 Nov, 2011

Buy Thermax for the target price of Rs 556.00: Firstcall

Incorporated in 1980, Thermax Ltd. is an INR 4,935 crore (USD 1.11 Billion) company, providing a range of engineering solutions to the energy and environment sectors.


Source: Sify.com

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10 Aug, 2011

Slowdown in conversion of enquiries into orders: Thermax

Chinese banks have started offering loans on projects at lower rates to finance more than USD 50 billion worth of power equipment for Indian companies. For Indian power firms, this is a big legup since local banks are reluctant to lend to these companies.


Source: Moneycontrol.com

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26 Jul, 2011

Thermax joins hands with Amonix inc for CPV

Engineering solutions provider Thermax Limited announced its partnership with Amonix Inc to offer concentrated photovoltaic (CPV) systems for solar power generation in India.


Source: Sify.com

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26 Jul, 2011

Thermax, Amonix ink pact for photovoltaic technology

Thermax Limited has entered into an agreement with California-based Amonix Inc. for bringing the new concentrated photovoltaic (CPV) technology for solar power generation to India. U...


Source: The Hindu Business Line

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25 Jul, 2011

Thermax has over Rs 700 cr cash, no fund raising as of now: MD

MS Unnikrishnan, MD, Thermax, spoke to Bloomberg UTV on the company's Q1 performance and its plans ahead.


Source: BloombergUTV.com

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