Thermax Q4 PAT seen up 69% YoY to Rs 65.9 cr: YES Securities

Thermax Q3 | Consolidated net profit down 2 percent at Rs 83.3 crore versus Rs 85 crore and revenue unchanged at Rs 1,410.6 crore, YoY.

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26 Aug, 2025 12:21

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YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Thermax to report net profit at Rs 65.9 crore up 69% year-on-year (down 40.7% quarter-on-quarter).

Net Sales are expected to increase by 4.9 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs 1,387.7 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 222.8 percent Y-o-Y (down 342.9 percent Q-o-Q) to Rs 97.6 crore.

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