3 Point Analysis | Thermax Q4: Good show, margins remain a key concern

Despite challenging environment, Thermax ended fiscal year 2019 with the strong growth in revenues and profits backed by good order backlog. Moreover, the company was able to contain losses in its overseas businesses and joint ventures that boosted its annual profits. Sakshi Batra does a 3 point analysis of the Q4 earnings and what's the outlook on the company