Heavy Electrical Equipment company Thermax announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q1FY27 reached Rs 2,302.73 crore, a growth of 6.73% YoY compared to Rs 2,157.53 crore in Q1FY26. Sequentially, it declined by 32.83% from Rs 3,428.04 crore in Q4FY26. Total Income: Total consolidated income was Rs 2,370.92 crore in Q1FY27, an increase of 6.65% YoY from Rs 2,223.16 crore in Q1FY26 and a decrease of 31.90% QoQ from Rs 3,481.75 crore in Q4FY26. Profit Before Tax (PBT): The consolidated PBT for Q1FY27 was Rs 42.14 crore, representing a significant decline of 80.07% YoY from Rs 211.47 crore in Q1FY26 and an 87.39% decrease QoQ from Rs 334.13 crore in Q4FY26. Net Profit: Net profit attributable to equity shareholders for Q1FY27 was Rs 25.24 crore, down by 83.44% YoY from Rs 152.38 crore in Q1FY26. On a QoQ basis, it decreased by 89.67% from Rs 244.28 crore in Q4FY26. Total Comprehensive Income: Total comprehensive income attributable to equity shareholders stood at Rs 54.25 crore in Q1FY27, a decrease of 69.90% YoY from Rs 180.24 crore in Q1FY26 and a 74.96% decrease QoQ from Rs 216.62 crore in Q4FY26. Standalone Financial Highlights: Revenue from Operations: The company reported a revenue of Rs 1,302.95 crore in Q1FY27, representing a YoY increase of 9.01% compared to Rs 1,195.21 crore in Q1FY26. On a QoQ basis, revenue decreased by 41.64% from Rs 2,232.48 crore in Q4FY26. Total Income: Total income for Q1FY27 stood at Rs 1,338.22 crore, up by 8.78% YoY from Rs 1,230.24 crore in Q1FY26 and down 40.93% QoQ from Rs 2,265.63 crore in Q4FY26. Profit Before Tax (PBT): The company recorded a loss before tax of Rs 24.38 crore in Q1FY27, compared to a profit of Rs 62.00 crore in Q1FY26 and a profit of Rs 252.30 crore in Q4FY26. Net Profit/Loss: Net loss for the period stood at Rs 18.10 crore in Q1FY27, compared to a net profit of Rs 46.52 crore in Q1FY26 and a net profit of Rs 201.08 crore in Q4FY26. Total Comprehensive Income: For Q1FY27, the company reported a total comprehensive loss of Rs 6.76 crore, compared to an income of Rs 48.00 crore in Q1FY26 and Rs 190.36 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 was a negative Rs 1.52, compared to Rs 3.90 in Q1FY26 and Rs 16.88 in Q4FY26. Business Highlights: Order Book Performance: As of June 30, 2026, the consolidated order balance stood at Rs 14,045 crore, representing a growth of 23% compared to Rs 11,376 crore in Q1FY26. Order bookings for Q1FY27 were Rs 2,809 crore, up 2% YoY from Rs 2,748 crore. Segment-wise Revenue Performance (Consolidated): Industrial Products: Reported revenue of Rs 1,058.16 crore in Q1FY27, up from Rs 950.16 crore in Q1FY26. Industrial Infra: Reported revenue of Rs 814.15 crore in Q1FY27, compared to Rs 837.52 crore in Q1FY26. Green Solutions: Reported revenue of Rs 244.72 crore in Q1FY27, up from Rs 237.65 crore in Q1FY26. Chemicals: Reported revenue of Rs 229.53 crore in Q1FY27, up from Rs 173.18 crore in Q1FY26. Segment-wise Profit Performance (Consolidated PBT and Interest): Industrial Products segment profit was Rs 64.18 crore. Industrial Infra segment reported a loss of Rs 70.66 crore. Green Solutions segment reported a loss of Rs 16.85 crore. Chemicals segment profit was Rs 25.64 crore. Operational Realignments: The Group realigned Thermax Bioenergy Solutions Private Limited from the Industrial Infra segment to the Green Solutions segment following an organizational restructuring. Scheme of Arrangement: The Board approved a Composite Scheme of Arrangement for the merger of Thermax Cooling Solutions Limited and the demerger of the Bio-CNG EPC business from Thermax Bioenergy Solutions Private Limited into Thermax Limited, with an appointed date of April 1, 2026. Major Orders: During the quarter, the company secured an order valued at over Rs 400 crore for the supply of boiler pressure parts for a data center project in the USA. Result PDF