Thermax Limited CC-Dec24.pdf · 2025-02-07
A couple of questions. One is on the Industrial Infra side, while you highlighted the losses that were there in some of the projects but there is a larger piece, which is TBWES. If you could just help us understand...
So what I was actually trying to understand if you split the Industrial Infra into TBWES, the clean revenue and margins ex of these one -off loss es and ex of TBWES, what is the clean revenue and margins ex of these one -offs in the Industrial Infra. So I want to understand the underlying profitability on a sustainable basis.