Companies
Thermax shares fall 17% as Q2 earnings miss estimates, higher input costs weigh on profitability
Reported by: CNBC TV18 ·
Summary
Thermax said higher input costs and an unfavourable product mix in its Industrial Products segment weighed on profitability. It also recognised an additional impairment provision of ₹15 crore in its Green Solutions…
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CNBC TV18 · · Tone -2
Thermax shares fall 17% as Q2 earnings miss estimates, higher input costs weigh on profitability
Thermax said higher input costs and an unfavourable product mix in its Industrial Products segment weighed on profitability. It also recognised an additional impairment provision of ₹15 crore in its Green Solutions…
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- Q2
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Earlier coverage
What outlets reported about the same company before this story, newest first.
Moneycontrol ·
Buzzing Stocks: Cohance Life down 3% on Telangana plant closure order; Thermax plunges 14% after Q2...
Business Standard ·
Thermax plunges 15%, nears 52-week low on weak Q2 operational performance
Business Standard ·
Thermax plunges 15%, nears 52-week low on weak Q2 operational performance
CNBC TV18 ·
Thermax Q2 Results: Net profit falls 4% as higher input costs, project impairment hit profitability
CNBC TV18 ·
Thermax Q2 Results: Net profit falls 4% as higher input costs, project impairment hit profitability
Economic Times ·
Thermax: - 10 stocks plunge up to 53% from their yearly peaks
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