Thermax shares tumble 16% after Q1 profit slumps 85%
· thehindubusinessline.com
Thermax shares fell more than 16 per cent on Friday after the company reported an 85 per cent y-o-y decline in net profit for the June quarter, citing a cost overrun in its industrial infra segment and higher expenses. .
Thermax shares fell more than 16 per cent on Friday after the company reported an 85 per cent y-o-y decline in net profit for the June quarter, citing a cost ov...