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Thermax Ltd has reported a net profit of Rs 95 crore for the third quarter of the current fiscal, a decline of 5 per cent year-on-year.
The energy and environment solutions company earned a total operating revenue of Rs 1,269 crore, representing a rise of 2 per cent in comparison to Rs 1,241 crore in the corresponding quarter of FY 2011.
The year-to-date profit after tax at Rs 277 crore (Rs 256 crore) showed a rise of 8 per cent, while the operating revenue of the company at Rs 3,617 crore (Rs 3,112 crore) was 16 per cent higher.
On a consolidated basis, in the nine-month period ended December 31, 2011, Thermax group's total operating revenue rose 25 per cent to stand at Rs 4,200 crore, primarily due to the full impact of revenues from the Denmark-based Danstoker Group acquired in November 2010. Profit after tax was 9 per cent higher at Rs 289 crore (Rs 264 crore).
The order backlog of the group is at Rs 5,809 crore, compared with Rs 7,154 crore last year.
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