Thermax shares surge 5.77% amid high volume

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Thermax shares jumped 5.77% to Rs 3,680.00 in Wednesday's trading session, driven by high volume and a surge in trading activity. This placed the stock among the top gainers on the Nifty Midcap 150 index.

Financial Overview:

Thermax's financial performance shows consistent growth over the past few years. Here's a summary of key financial data:

Consolidated Income Statement - Quarterly:

The revenue for the quarter-ending March 2025 stood at Rs 3,084.93 Crore, compared to Rs 2,763.68 Crore for the quarter-ending March 2024. Net profit for the quarter-ending March 2025 was Rs 204.84 Crore, up from Rs 187.43 Crore in the quarter-ending March 2024.

Consolidated Income Statement - Yearly:

The annual revenue for March 2025 was Rs 10,388.69 Crore, an increase from Rs 9,323.46 Crore in March 2024. The net profit saw a slight decrease to Rs 626.94 Crore in March 2025, compared to Rs 644.01 Crore in the previous year.

Consolidated Balance Sheet:

Cash Flow:

Key Ratios:

Thermax announced a final dividend of Rs 14.00 per share (700%) on May 9, 2025, with an effective date of July 4, 2025. Over the past few years, Thermax has consistently increased its dividend payout, with Rs 12.00 per share in 2024, Rs 10.00 per share in 2023, Rs 9.00 per share in 2022 and Rs 7.00 per share in 2021.

In other corporate actions, Thermax Limited informed the Exchanges about corrigendum to the Annual Report for FY 2024-25 on July 15, 2025. Additionally, the company submitted a newspaper advertisement informing members about a special window for re-lodgement of transfer requests of physical shares on July 11, 2025.

With the stock currently trading at Rs 3,680.00, Thermax has demonstrated significant upward movement in today's session, accompanied by high trading volume.