Neutral impactResults

Thermax Q2 Results: Net profit falls 4% as higher input costs, project impairment hit profitability

CNBC-TV18 17 min ago·5 Nov 2026, 3:34 pm

Thermax reported a 4.2% decline in consolidated Q2 net profit to ₹115 crore, even as revenue grew 11.4% to ₹2,756 crore and EBITDA increased 12.8% to ₹194 crore. Profitability was affected by product mix, higher input costs and a ₹15 crore impairment provision. The consolidated order balance rose 16% to ₹14,250 crore.

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Key takeaways

  • Concerns Thermax (THERMAX).
  • Category: Results.

Why it matters

A routine update for Thermax. Use the price and stock snapshot to gauge how the market is responding.

Summary & analysis by DocStoX. Full story at CNBC-TV18.

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