Thermax Q4 net rises to Rs 42 cr; declares dividend

Mumbai, May 24 (UNI) Thermax has posted a net profit of Rs 41.97 crore in Q4 FY-06 as against Rs 26.19 crore in Q4 FY-05 while its total income stood at Rs 480 crore for the same period, as against Rs 347.42 crore in the previous corresponding period.

A release issued here today said for FY-06, Thermax has posted a net profit of Rs 123.25 crore, as against Rs 55.29 crore in FY-05 while total income stood at Rs 1,498 crore, as against Rs 941.16 crore in FY-05.

The company's board has recommended dividend for FY-06 at 170 per cent or Rs 3.40 per share, the release added.

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