TV Interviews

CNBC TV18 | Nov 5, 2020 | Second quarter results FY2020-21

Commenting on the second quarter results in an interview with CNBC-TV18, Ashish Bhandari, MD & CEO, #Thermax cites, “Future holds a fair bit of activity, we are optimistic but in a wait and watch mode, focussing on costs as well as fundamentals.” He further stated, “Our backlog overall has started to come closer to our run rate in Q3 and Q4, and the trend is likely to continue unless there is any unforeseen occurrence such as COVID.” Ashish also shared that there is visible movement in sustainability based projects by customers, having a payback of 2-3 years. Click to watch the complete video.

#thermaxinnews #quarterresults #financialresults
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