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Thermax Ltd's Q4FY25 Quarterly Results

Thermax Ltd's revenue increased 19.0% YoY
  • 10 May 2025
  • Thermax Ltd reported a 11.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 19.0%.
  • Its expenses for the quarter were up by 7.8% QoQ and 19.2% YoY.
  • The net profit increased 64.9% QoQ and increased 20.1% YoY.
  • The earnings per share (EPS) of Thermax Ltd stood at 16.9 during Q4FY25.
(₹ crores) Q4FY25 Q3FY25 Q4FY24 QoQ (%) YoY (%)
Total Income
2818.93
2539.27
2368.31
11.0%
19.0%
Total Expenses
2568.22
2382.50
2154.28
7.8%
19.2%
Profit Before Tax
250.71
156.77
214.03
59.9%
17.1%
Tax
63.28
42.54
58.14
48.8%
8.8%
Profit After Tax
187.58
113.73
156.21
64.9%
20.1%
Earnings Per Share
16.90
10.30
13.80
64.1%
22.5%

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Thermax Ltd is a prominent company that operates in the energy and environment sector, providing a range of engineering solutions to its customers worldwide. The company specializes in the manufacturing of boilers, heaters, energy-efficient systems, and other related products. It serves diverse industries, including power, oil & gas, chemicals, and pharmaceuticals. Thermax is known for its commitment to sustainability and innovation, which influences its product offerings. Any recent major developments specific to the company's operations or market position are not available in the provided data.

For the fourth quarter of the fiscal year 2025 (Q4FY25), Thermax Ltd reported a total income of ₹2818.93 crores. This represents a quarter-over-quarter (QoQ) increase of 11.0% from ₹2539.27 crores in Q3FY25. On a year-over-year (YoY) basis, there was a 19.0% increase compared to ₹2368.31 crores in Q4FY24. This upward trajectory in revenue indicates substantial growth over both the previous quarter and the same quarter in the prior year.

Thermax Ltd's profitability for Q4FY25 showcases significant improvements in key metrics. The Profit Before Tax (PBT) for this quarter stood at ₹250.71 crores, marking a 59.9% QoQ increase from ₹156.77 crores in Q3FY25, and a 17.1% YoY rise from ₹214.03 crores in Q4FY24. After accounting for taxes amounting to ₹63.28 crores, the Profit After Tax (PAT) was ₹187.58 crores, which reflects a 64.9% QoQ growth from ₹113.73 crores and a 20.1% YoY increase from ₹156.21 crores. These figures highlight robust earnings performance during the quarter.

In Q4FY25, Thermax Ltd reported an Earnings Per Share (EPS) of ₹16.90, showcasing a 64.1% QoQ increase from ₹10.30 in Q3FY25 and a 22.5% YoY improvement from ₹13.80 in Q4FY24. Total expenses were reported at ₹2568.22 crores, which reflects a 7.8% QoQ increase from ₹2382.50 crores in Q3FY25 and a 19.2% YoY increase from ₹2154.28 crores in Q4FY24. The rise in expenses is noted alongside the increase in income, suggesting the scaling of operations. The tax expense for the quarter was ₹63.28 crores, a 48.8% QoQ increase from ₹42.54 crores and an 8.8% YoY rise from ₹58.14 crores. These metrics provide an insight into the operational efficiency and financial health of the company during the quarter.

FAQs

Thermax Ltd announced its Q1 FY 2025-26 results on 14 August, 2025.

Thermax Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.

Key highlights of Thermax Ltd Q1 FY 2025-26 results include:

  • Revenue: ₹2215.81 crore
  • Net Profit: ₹151.45 crore
  • EBITDA: ₹290.73 crore
  • Year-over-Year Growth: -2.3%
  • Quarter-over-Quarter Growth: -21.4%

Thermax Ltd reported a net loss of ₹151.45 crore in Q1 FY 2025-26, reflecting a 38.4% year-over-year growth.

Thermax Ltd posted a revenue of ₹2215.81 crore in Q1 FY 2025-26.

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