Thermax Limited (THERMAX) Q2 FY27 Financial Results: PAT ₹22 & Revenue ₹2,303 Cr

Thermax Limited announced a scheme of arrangement and amalgamation involving its subsidiaries TBSPL and TCSL, approved by the Board on July 30, 2026, with an effective date of April 1, 2026. The transaction transfers assets and liabilities to Thermax Limited, cancels existing shareholdings, and requires NCLT approval. Regulatory exemptions from SEBI Listing Obligations and Disclosure Requirements have been granted. The filing also includes unaudited Q1 FY2026 financial results showing consolidated revenue of Rs 2,302.73 crore and net profit of Rs 42.14 crore before tax, with segment revenues and goodwill from the ExactSpace Technologies acquisition. Order book growth and exceptional items like litigation provision reversal are noted.