Thermax net up by 15.4pc at Rs 80.3 cr

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New Delhi, May 21: Thermax Ltd today said its profit has increased 15.4 per cent to Rs 80.53 crore for the quarter ended March 31, 2008 as compared to Rs 69.73 crore for the corresponding period previous year. The total income rose 12.3 per cent to Rs 934.66 crore for the fourth quarter from Rs 831.64 crore in the same period previous year.

The company's net profit surged 49.5 per cent to Rs 280.78 crore for FY08 as compared to Rs 187.80 crore during the previous fiscal. The total income also hiked 46.8 per cent to Rs 3,245.94 crore for the year ended March 31, 2008 from Rs 2,210.03 crore for the year ended March 31, 2007. The Group's net profit increased 50 per cent to Rs 290.72 crore for the year ended March 31, 2008 as compared to Rs 193.72 crore during the previous fiscal. Total income increased 49.2 per cent to Rs 3,525.42 crore for FY08 from Rs 2,362.64 crore for the corresponding period last year.

UNI

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