Thermax Q3 results miss estimates, net profit tanks 51% on lower margins, cost overruns

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The EBITDA margin stood at 7.5% in the reporting quarter compared to 8.1% YoY. The CNBC-TV18 poll had predicted a margin of 9.4%. Shares of Thermax Limited ended at ₹3,545.70, down by ₹30.35, or 0.85%, on the BSE.

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