Capital good maker Thermax is likely to see an around 11.8% (year-on-year) decline in net profit on slow execution of existing orders, according to CNBC-TV18 poll. Sales too will be down around 6.3% YoY, due to poor growth in order book. The company will announce Q3 number later in the day.
Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited.