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20 May, 2009
Current order backlog at Rs 3078 cr: Thermax
Thermax has declared its fourth quarter results. The company's Q4 net sales were at Rs 948.25 crore versus Rs 922.10 crore.
Source: Moneycontrol.com
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Kotak Securities downgrades Thermax
Source: Livemint.com
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Thermax net up at Rs 287 cr
Energy and environment solutions company Thermax Ltd has posted a net profit of Rs 287 crore during FY09, a marginal increase from Rs 281 crore in the previous fiscal. Income from operations was at Rs 3,211 crore (Rs 3,156) on the back of exports
Source: The Hindu Business Line
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Is Thermax getting its act together?
Thermax reported a 4% decline in net profit at Rs 72 crore for the third quarter ended December 31, 2009
Source: UTVi.com
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Thermax to announce financial results
The board meeting of Thermax will be held on 19 Ma......
Source: NDTVPROFIT.com
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Thermax Mar qtr PAT seen at Rs 71.7cr: P Lilladher
Prabhudas Lilladher has come out with its earning estimates on capital goods sector for the quarter ended March 2009. According to the research firm, Thermax's March quarter sales are expected to go down by 0.2 % to Rs 915.5 crore on YoY basis.
Source: Moneycontrol.com
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Thermax March qtr PAT seen at Rs 82.1cr: Sharekhan
Sharekhan has come out with its earning estimates on Capital Goods sector for the quarter ended March 2009. According to the research firm, Thermax March quarter standalone sales are expected to go up by 3% to Rs 949.8 crore on YoY basis.
Source: Moneycontrol.com
Click here for the full article.31 Mar, 2009
No long term borrowings: Thermax
M S Unnikrishan, MD, Thermax, says the company has no long-term borrowings and has cash in excess of Rs 3,800 crore.
Source: UTVi.com
Click here for the full article.04 Feb, 2009
Reduce Thermax, target of Rs 145: Emkay Global
Emkay Global Financial Services has downgraded its raing on Thermax from accumulate to reduce with a target of Rs 145. Standalone Q3FY09 operational performance was below expectations with (1) revenues declined by 6% yoy to Rs 7,951 mn, (2) no change in operating profit at Rs 1,074 mn and (3) net profit drop of 3.6% yoy to Rs 723 mn.
Source: Moneycontrol.com
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Buy Thermax on declines: Asit C. Mehta
Asit C. Mehta has recommended to buy Thermax on declines with a target of Rs 175. The company's net profit declined by 3.6% from Rs 750.3 million in Q3FY08 to Rs 723 million in Q3FY09.
Source: Moneycontrol.com
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