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Thermax shares fall 17% as Q2 earnings miss estimates, higher input costs weigh on profitability

Reported by: CNBC TV18 ·

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Thermax

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

    Revenue, profit, margins and EPS: what the numbers in a quarterly result mean, why year-on-year and quarter-on-quarter differ, and what a headline can leave out.

    Learn: How to read a company's results

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