Thermax Q2 PAT seen up 19% YoY to Rs. 89 cr: Sharekhan


Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Engineering sector. The brokerage house expects Thermax to report net profit at Rs. 89 crore up 19% year-on-year (up 41.2% quarter-on-quarter).

Net Sales are expected to increase by 3.2 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 1,473 crore, according to Sharekhan.

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