It took a hit of ₹70 crore on specific projects. The company enjoys a strong order pipeline across sectors like power, steel, refining and petrochemicals. Its strengths include technical expertise, a strong balance sheet and good working capital management.
The industrial products segment is poised for double-digit growth driven by solutions for water treatment and air pollution. The chemical business is on a growth trajectory as supply chain issues ease. In green solutions, the subsidiary TOESL continues to grow at a steady rate.
Another subsidiary First Energy (FEPL) will continue to be loss-making this year.
Thermax sees opportunities in green solutions in sectors such as bio-energy, heating & cooling, chemicals, and water.
Consolidated revenue rose 13 per cent Y-o-Y to ₹2,180 crore with growth in industrial products, green solutions and chemicals. The industrial products revenue grew 14.9 per cent Y-o-Y to ₹960 crore, green solutions grew 53.5 per cent Yo-Y to 170 crore, chemicals grew 6.3 per cent Y-o-Y to ₹170 crore, and industrial infra was flat Y-o-Y at 930 crore.
هذه القصة مأخوذة من طبعة August 06, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة August 06, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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