Thermax reports 20.72% rise in Q1 net profit

Thermax has reported results for first quarter ended June 30, 2011

The company’s net profit for the quarter has rose by 20.72% at Rs 79.88 crore as compared to Rs 66.17 crore for the same quarter last year. Its total Income has increased by 31.77% to Rs 1059.16 crore for the quarter under review from Rs 803.77 crore for the corresponding quarter of the previous year.

Thermax offers engineering solutions to various industries. It offers wide range of products and services in heating, cooling, waste heat recovery, captive power, water treatment, recycling and waste management.