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India Business

Thermax Shares Plunge 16% Following 86% Decline in Net Profit

Thermax shares dropped significantly after reporting an 86% profit decline. Revenue rose 7% year-on-year, but earnings before interest, taxes, depreciation, and amortization fell. Order inflow increased 2%, and the total order book grew. The company cited higher input costs and weaker export sales…

Jul 31, 2026 Chief Editor