THERMAX — Thermax Income Statement

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IndustrialsAdventurousLarge CapNeutral

Annual income statement for Thermax, fiscal year end - March 31st, INR millions except per share, conversion factor applied.

	2021 March 31st	2022 March 31st	2023 March 31st	2024 March 31st	2025 March 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IAS	IAS	IAS	IAS	IAS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	47,913	61,283	80,898	93,235	103,887
Cost of Revenue
Gross Profit	21,829	25,403	33,640	39,905	44,590
Selling / General / Administrative Expenses
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	46,023	58,278	76,053	87,230	96,359
Operating Profit	1,890	3,005	4,846	6,005	7,528
Gain / Loss on Sale of Assets
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	2,752	4,101	6,031	8,690	8,845
Provision for Income Taxes
Net Income After Taxes	2,066	3,123	4,507	6,432	6,267
Minority Interest
Net Income Before Extraordinary Items
Net Income	2,066	3,123	4,503	6,453	6,345
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	2,066	3,123	4,503	6,453	6,345
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	22.6	26.6	42.7	57.1	61.5
Dividends per Share