Ms Unnikrishnan

Thermax expects 3-4 segments to open up in Q4 and Q1 of FY18 supporting medium and large projects, which had gone dry in this financial year.

India Inc mood was negative under UPA: Biocon founder Kiran Shaw

In his interview to Network 18, Narendra Modi had said that he did not reveal the full economic rot before his first Budget as he thought that it would depress business and investor sentiment further

FY17 revenue may be a bit lower than last fiscal year: Thermax

Thermax has started bidding for selective and specialised products and is close to winning a large order in the solar thermal space, says MS Unnikrishnan, MD of Thermax.

GST will help exports for capital goods industry: Thermax

In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax said that 18 percent goods and services tax (GST) should certainly bring down tax rate.

Thermax wants to keep double-digit profits, shun big projects

Speaking to CNBC-TV18's MS Unnikrishnan, MD & CEO of Thermax said Brexit will have short-term ramifications.

Investment cycle to revive by FY18 for infra, power ind: Thermax

Thermax MD MS Unnikrishnan said the industry may not see a full recovery in sectors like power, cement, steel, oil and gas and fertilisers.

Do not foresee immediate margin improvement: Thermax

He further said that the margins will improve only when there is a sellers market as such is not the case, margin improvement won‘t happen immediately hence, margin retention or maintenance is the priority at this moment.

Seeing slowdown in orders from international mkts: Thermax

Thermax saw orders worth Rs 528 crore from the domestic markets in the second quarter of this fiscal year, while its international order book stood at just Rs 200 crore, says MS Unnikrishnan, MD of the company

Thermax to buy 33% stake in First Energy; deal to be phased

On future acquisitions, Unnikrishnan says Thermax is focusing on biomass and alternate energy recourses for inorganic growth, both domestically and internationally

Order inflows may not improve much in next 2 qtrs: Thermax

The overall capacity utilisation of the company is hovering around 60-65 percent.

Economic Survey: Experts say difficult to understand growth dynamics now

In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax, Indranil Pan, Chief Economist at Kotak Mahindra Bank and Pranav Sayta, Tax Partner at EY, discuss on the Economic Survey and their expectations from the Budget.

Order pick-up a year away despite recent reforms: Thermax

Even as the central government has taken various steps such as passing an ordinance to simplify land acquisition for infrastructure projects, a meaningful pick-up in order flows, such as in the power sector, is at least a year away, believes engineering firm Thermax.

Thermax eyes double-digit growth in FY15: Unnikrishanan

Thermax reported over two-fold jump in its net profit at Rs 86 crore for the quarter ended September 30, 2014. The company had posted a net profit of Rs 30.16 crore in the corresponding quarter of the last financial year.

Expect order book to improve marginally by Q2-end: Thermax

In an interview to CNBC-TV18, Thermax MD MS Unnikrishnan said he does not expect things to change on ground over the next 2-3 months.

New govt must ensure more investor-friendly norms: Thermax

MS Unnikrishnan feels the new government should bring policy-conducive environment to ease land acquisition. There‘s a need to cut down on the number of clearances for projects and interest rates should be lowered to prop up the investment climate.

Checkout: What India Inc wants from new govt

In a panel discussion with Latha Venkatesh of CNBC-TV18, Rashesh Shah Chairman & CEO, Edelweiss Group, Seshagiri Rao Jt MD & Group CFO, JSW Steel, MS Unnikrishnan MD, Thermax and Ajit Ranade Chief Economist, Aditya Birla Group spoke about their expectations from the new government.

Current rally based on speculations: Thermax

The current good run is based on the calculations by the market that investment cycle is going to catch on. However, there has been no change on the ground level, says MS Unnikrishnan.

See some improvement in capex, but not a jump: Thermax

The company‘s margins are unlikely to improve in the second half of this financial year unless orders pick up, says MS Unnikrishnan, MD, Thermax.

Sentiment revival in cap good sector 2-3 qrts away: Thermax

Growth in key economic sectors like cement, steel and refinery continues to be sluggish, says MS Unnikrishnan, MD, Thermax.

Thermax up 3%, company bags order worth Rs 269 cr

"The project is for design, engineering, manufacture, supply, erection and commissioning of 3 HRSGs (Heat Recovery Steam Generators) from a leading petrochemical Company for its proposed captive power plant as a part of its expansion programme," the company said in a statement.

Q1 order intake poor, but H1 better than last year: Thermax

The order carry forward at this point of time is approximately Rs 5,300 crore against Rs 4,900 crore, which is around 20 percent more than the previous year.

Utilise competitive benefits, export more: Thermax

MS Unnikrishnan, MD, Thermax says rupee depreciation makes export orders competitive for capital goods companies and one can help combat increasing input costs by that.

Will see pressure on margins going forward: Thermax

In an interview to CNBC-TV18, Sutanu Behuria, Secretary, Department of Heavy Industries and MS Unnikrishnan, MD, Thermax spoke about capital goods sector.

Order shortage key issue for power cos, not execution: Pros

The country has installed capacity of more than 20,000-25,000 MW and only 5,600 MW worth of orders got finalized, hence going forward capacity utilization for all power sector players will be less than 25-30 percent. Shortage of orders is more of a problem for the power sector than execution.

Thermax Q1 net down 25% on low margin orders, weak rupee

Thermax has reported a fall of 25 percent in net profit in June quarter on low margin orders.