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THERMAX SUBSIDIARY
AI firms scout for startup buyouts to boost full-stack tech capabilitiesAI firms are actively acquiring startups to build full-stack capabilities as enterprises move towards large-scale AI deployment. This conso...- Thermax arm bags boiler package supply order worth Rs 1,600 croreThermax's subsidiary, TBWES, has secured a significant Rs 1,600 crore order. This order is for a boiler package supply for a 1x800 MW ultra...
- Thermax inks pact with Ceres Power to provide green hydrogen solutionsThermax has partnered with Ceres Power to manufacture large-scale Solid Oxide Electrolysis Cells (SOEC) for green hydrogen production. This...
- NCLT approves demerge of Thermax arms Thermax Cooling Solution, Thermax Instrumentation"National Company Law Tribunal, Mumbai Bench vide its order dated December 20, 2023, which was received on December 25, 2023, has approved ...
- Thermax arm wins Rs 500 crore for setting up 5 bio-CNG plantsThermax also plans to deploy 1 GW of hybrid renewable energy solutions by FY 2027 and is venturing into gasification plants with carbon cap...
- Thermax subsidiary commissions wind-solar hybrid captive power plant in GujaratAshish Bhandari, Managing Director and CEO of Thermax Limited said, “Renewable energy is clearly the way forward and, within renewables, wi...
- Thermax arm signs pact with Germany's Steinmüller Babcock Environment for Waste-to-Energy techThe agreement was signed by Pravin Karve, CEO, TBWES and Thomas Feilenreiter, Managing Director, SBE. As a part of the agreement, TBWES wil...
- Thermax Q3 results: Net profit marginally down 2% at Rs 83 cr"Profit after tax and exceptional items for the quarter was Rs 83 crore, down 2 per cent compared to Rs 85 crore in the corresponding quart...
- Hold Thermax, target price Rs 772: ICICI SecuritiesA challenging macro-environment is likely to impact near-term prospects for Thermax, according to the brokerage.
- Thermax buys out entire stake of JV partners in TSPXTSPX has now become a wholly owned subsidiary of Thermax.
- Thermax consolidated Q1 net jumps 241% to Rs 58 croreEngineering firm Thermax Ltd today posted a 241 per cent jump in its consolidated net profit at Rs 58 crore for the first quarter ended Jun...
- Thermax to increase focus on international businessThe domestic market contributes about 70% to the company’s turnover and the aim is to gradually bring it down to 50% over the next seven-te...
- Thermax wants time-bound implementation of GST to take on the Chinese threatApart from the competitive threat from Chinese manufacturers, industry is now preparing for a slowdown that is coming.
- Thermax acquires Danish co for Rs 187 crIn its drive to go global, Thermax has acquired European boiler maker Danstoker group for e29.5 million (around Rs187 crore).
- Thermax net rises 42% to Rs 66 croreThermax, for the quarter ended June 2010, has reported a 42% rise in net profit to Rs 66.2 crore.
- Thermax plans to invest Rs 500 cr in new plantThermax Ltd, a Pune-based boiler and absorption chiller manufacturer has decided to set up a new Rs 500-crore manufacturing plant for large...
- Thermax Ltd opens unit in ChinaEnergy and environment solutions firm from India, Thermax Limited, has opened a manufacturing facility under its subsidiary in Zhejiang pro...
- Thermax to tap Indian, SE Asian paper martThermax, the Rs 2,210-crore energy and environment company, is now targeting the paper industry in the Indian and south-east Asian markets.
- Thermax nets Rs 35-cr Q2 profitThermax’s net profit for the second quarter ended September ’06 increased to Rs 35 crore (Rs 25 crore), following a huge rise in sales to R...
- Thermax Q1 PAT at Rs 27.54 crThermax Ltd on Thursday posted a profit after tax at Rs 27.54 crore for the quarter ended June 30, whereas the same was Rs 13.28 crore for ...
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