Thermax Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 23,243.6 million compared to INR 20,492.5 million a year ago. Revenue was INR 23,827.6 million compared to INR 20,915.7 million a year ago. Net income was INR 2,383.4 million compared to INR 1,261.9 million a year ago. Basic earnings per share from continuing operations was INR 21.17 compared to INR 11.2 a year ago. Diluted earnings per share from continuing operations was INR 21.17 compared to INR 11.2 a year ago.
For the nine months, sales was INR 65,597.8 million compared to INR 57,789.9 million a year ago. Revenue was INR 67,371 million compared to INR 53,816.8 million a year ago. Net income was INR 4,549.5 million compared to INR 2,943 million a year ago. Basic earnings per share from continuing operations was INR 40.4 compared to INR 26.13 a year ago. Diluted earnings per share from continuing operations was INR 40.4 compared to INR 26.13 a year ago.