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Subdued market conditions slow down order booking of Thermax Ltd

Subdued market conditions slow down order booking of Thermax Ltd

Jan 30, 2016, at 02:22 am

Mumbai, Jan 29 (IBNS): Pune-based Thermax Ltd, which offers solutions in the energy and environment sectors, reported its results for the third quarter of financial year 2015-16 on Friday, where it said that a delay in the core sector revival has lowered its profit after tax (PAT) by 11% to Rs 68 crore compared to the same quarter in the financial year 2014-15, when it had reported a PAT of Rs 76 crore.