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India's Thermax Ltd Sept qtr consol profit down about 27 pct


Wednesday, 8 Nov 2017 07:28am EST 

Nov 8 (Reuters) - Thermax Limited :Sept quarter consol net profit 572.2 million rupees versus profit of 785.8 million rupees last year.Consensus forecast for sept quarter consol profit was 711.9 million rupees.Sept quarter consol revenue from operations 10.33 billion rupees versus 10.96 billion rupees last year.Says ‍​order backlog as on sept 30 was 48.19 billion rupees.Says co, B&W began scaling down operations at JV's manufacturing facility in Shirwal‍​.Says only "essential personnel" retained to complete pending jobs at Shirwal facility; co says no visibility of new business. 

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