May 18, 2018 / 12:25 PM / 6 months ago

BRIEF-India's Thermax March Qtr Consol Profit Up Over 73 Pct

May 18 (Reuters) - Thermax Limited:

* MARCH QUARTER CONSOL NET PROFIT 756.9 MILLION RUPEES VERSUS PROFIT OF 436.6 MILLION RUPEES LAST YEAR

* CONSENSUS FORECAST FOR MARCH QUARTER CONSOL NET PROFIT WAS 1.27 BILLION RUPEES

* MARCH QUARTER CONSOL REVENUE FROM OPERATIONS 14.43 BILLION RUPEES VERSUS 15.19 BILLION RUPEES LAST YEAR

* RECOMMENDED DIVIDEND OF 6 RUPEES PER SHARE

* SAYS CO ENTERED INTO PRELIMINARY UNDERSTANDING WITH BABCOCK & WILCOX INDIA HOLDINGS TO ACQUIRE SHAREHOLDING OF LATTER IN JV Source text: bit.ly/2GstaRG Further company coverage:

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