19 Nov 2025 | 5 Mins Read
Thermax September 2025 net sales down 0.93% year-on-year
Flipitmoney
Thermax's reported standalone quarterly figures are: Net sales decreased by 0.93% from Rs. 1,518.76 crore in September 2024 to Rs. 1,504.60 crore in September 2025. Quarterly Net Profit increased 109.32% from Rs. 107.93 crore in September 2024 to Rs. 225.92 crore in September 2025. EBITDA increased 72.7% from Rs. 164.48 crore in September 2024 to Rs. 284.05 crore in September 2025.