MUMBAI: Energy and environment solutions provider Thermax Ltd reported solid results for the March quarter with key earnings parameters ahead of estimates. Revenue grew 19% YoY to Rs1,570 crore aided by strong performance across segments - energy solutions, environmental solutions, and chemicals. Low base and better performance of the energy solutions vertical boosted the company's operating performance. Further, the company's order inflow of Rs1,497 crore improved by 57% y-o-y. Among verticals, the energy segment saw improved order booking at Rs1,173 crore given the company's increased thrust on sustainability.

Source: Mint May 26, 2021 04:44 UTC