News ArticleThermax Limited Releases Unaudited Q2 and H1 Financial Results for FY 2026-27
Reviewed financial results for quarter and half-year ended September 30, 2026, approved by the Board and audited by Price Waterhouse Chartered Accountants LLP
Thermax Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The results, reviewed by Price Waterhouse Chartered Accountants LLP, cover the financial performance and position of Thermax Limited and its subsidiaries for the specified periods.
Thermax Limited
Financial Results
Thermax Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. These results, reviewed by Price Waterhouse Chartered Accountants LLP, reflect the company’s financial standing for the first half of the fiscal year 2026-27.
The Financial Results cover both standalone and consolidated statements for Thermax Limited and its group entities including subsidiaries, step-down subsidiaries, and associates as detailed in the official filing.
The review was conducted in line with Indian Accounting Standard 34 (Ind AS 34) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring compliance with recognition and measurement principles and disclosure requirements.
Price Waterhouse Chartered Accountants LLP issued a Limited Review Report confirming no material misstatements were found in the unaudited financial statements for the specified periods.
The Board Meeting of Thermax Limited took place on November 5, 2026, commencing at 11:30 a.m. IST and concluding at 4:50 p.m. IST, during which these results were approved.
Highlights
- Thermax Limited's unaudited financial results for Q2 and H1 ended September 30, 2026, were reviewed by Price Waterhouse Chartered Accountants LLP.
- The results include both standalone and consolidated financial statements covering a wide network of subsidiaries and associates globally.
- Approval of the financial results was done at the Board meeting held on November 5, 2026.
- Limited Review Report verified compliance with Indian Accounting Standards and SEBI Listing Regulations.
- The results cover the period from April 1, 2026 to September 30, 2026.
Key Data Snapshot
What happened
- Thermax Limited approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
- The review and approval followed the Board meeting held on November 5, 2026.
- Price Waterhouse Chartered Accountants LLP performed a Limited Review of these results and found no material misstatements.
- The financial results encompass the Performance of Thermax and its subsidiaries, step-down subsidiaries, and associates.
- The audited figures comply with Indian Accounting Standards and SEBI regulations.
Key details
- The Board Meeting commenced at 11:30 a.m. IST and concluded at 4:50 p.m. IST on November 5, 2026.
- The reviewed results cover both the standalone and consolidated statements.
- The consolidated results include a wide group of subsidiaries operating across multiple countries.
- The review followed Standard on Review Engagements (SRE) 2410 and Circulars issued by SEBI under Regulation 33(8).
- The Company operates under Accounting Standard Ind AS 34 for interim financial reporting.
Regulatory and governance context
- Results filed under Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Independent Limited Review provides moderate assurance and confirms compliance with relevant Indian Accounting Standards.
- The auditor’s report explicitly states no material misstatements were found in the results.
- The financial reporting aligns with the requirements of Companies Act, 2013 and SEBI Listing Regulations.
Highlights
- Thermax Limited's unaudited financial results for Q2 and H1 ended September 30, 2026, were reviewed by Price Waterhouse Chartered Accountants LLP.
- The results include both standalone and consolidated financial statements covering a wide network of subsidiaries and associates globally.
- Approval of the financial results was done at the Board meeting held on November 5, 2026.
- Limited Review Report verified compliance with Indian Accounting Standards and SEBI Listing Regulations.
- The results cover the period from April 1, 2026 to September 30, 2026.
Disclosures
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Indian Accounting Standard 34: Interim Financial Reporting
- Companies Act, 2013
- Standard on Review Engagements (SRE) 2410
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