Thermax Ltd. reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales were INR 9,963.579 million compared with INR 1,140.078 million for the same period last year. Profit from operation before other income, financial cost and exceptional items was INR 828.433 million compared with INR 1,158.791 million for the same period last year. Profit from ordinary activities before tax was INR 957.129 million compared with INR 1,209.164 million for the same period last year. Net profit for the period was INR 678.610 million or INR 5.70 basic and diluted per share as compared with net profit for the period of INR 762.085 million or INR 6.40 basic and diluted per share for the same period last year.

For the nine months, net sales were INR 30,239.146 million compared with INR 30,662.662 million for the same period last year. Profit from operation before other income, financial cost and exceptional items was INR 2,420.441 million compared with INR 2,679.904 million for the same period last year. Profit from ordinary activities before tax was INR 2,844.945 million compared with INR 3,046.241 million for the same period last year. Net profit for the period was INR 1,943.708 million or INR 16.31 basic and diluted per share as compared with net profit for the period of INR 2,036.255 million or INR 17.09 basic and diluted per share for the same period last year.