January Index of Industrial Production (IIP) was strong at 7.5 percent and capital goods showed a sharp increase by 14.6 percent. In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax gave a check of the ground realities.

Order intake good; consumer cos placing orders, see traction in chemical Ind: Thermax

In the current quarter, the company has picked large orders from refinery sector for the Bharat VI quality improvement programme, said MS Unnikrishnan, MD, Thermax.

GST implementation: A ground check

In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax and Anil Gupta, CMD of KEI Industries spoke about the teething problems occurring post the implementation of goods and services tax (GST) and how long it will last.

See more international orders than domestic; to better topline in FY18: Thermax

Traction in orders in India have been seen in the food industry, beverages, automobile, and auto ancillary, said MS Unnikrishnan, MD, Thermax.

Would have reported growth in topline if not for GST delays: Thermax

The pre-goods and services tax (GST) slowdown impacted Thermax's performance in Q1 as expected as energy EBIT margins declined while profitability shrinks. In an interview to CNBC-TV18, MS Unnikrishnan, MD of Thermax spoke about the results and his outlook for the company.

Thermax eyeing acquisition opportunities in European mkts; aim to improve topline

Confident of seeing an improvement in the topline in FY18, said MS Unnikrishnan, MD & CEO, Thermax.

See better Q4; GST may lead to inflationary pressure: Thermax

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.

Why Marico's Harsh Mariwala purchased 4 lakh L&T Finance shares

Have bought 4 lakh shares of L&T Finance Holdings at an average price of Rs 80 per share, over a period of time, said Harsh Mariwala, Chairman, Marico.

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.

No ground level investment growth in cap goods ind: Thermax MD

MS Unnikrishnan, MD at Thermax points out that orders carried into the current year were substantially lower and new order inflow has also been subdued.

Budget 2016: Top infra cos discuss their expectations in Ideas for India

In CNBC-TV18's special series -- 'Ideas for India' -- Shankar Raman, Director-Finance, L&T; Anil Sardana, MD, Tata Power and MS Unnikrishnan, CEO, Thermax India talk about their Budget expectations on infrastructure spending by the government.

FY16 revenues may fall 5% YoY: Thermax

Orders inflows have been subdued and orders carried in the current year were substantially lower, says MS UnniKrishnan, MD of Thermax.

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

See export recovery in two-years; US most stable: Thermax

According to Unnikrishnan, MD, Thermax, exports would only bounce back when global investors were confident of stability in economies world over.

Will maintain margins, but pricing a problem now: Thermax

The company is currently preparing to make Indonesia its base of operations in the South-East Asian market.

Order book for FY16 to be better than last year: Thermax MD

In an interview with CNBC-TV18, MS Unnikrishnan, Managing Director at Thermax said June quarter earnings benefited from cost saving and waste reduction strategies

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

Greece exposure low; local business yet to pick up: Thermax

In an interview with CNBC-TV18, MS Unnikrishnan, Managing Director of Thermax said that they do not have major market share in Greece and won't be impacted majorly by the crisis.

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

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

Eye double-digit revenue growth for FY15: Thermax

Thermax missed street expectations on Friday with the third quarter net profit rising 13 percent year-on-year to Rs 76.2 crore. The bottomline was impacted by lower other income and higher tax expenses.

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.

Autos, FMCG orders to pick-up early next year: Thermax

MS Unnikrishnan, managing director, Thermax, says the sectors whose growth is dependent on government policies- like power, steel, cement, oil and gas will see orders pick up post a year and a half.