Thermax Limited, a leading player in energy and environment solutions, has announced its audited results for the second quarter of fiscal 2011-12. Total operating income at INR 1303 crore was up by 19% as compared to INR 1092 crore in the same quarter of the previous year. Net profit of INR 102 crore was up by 14% over INR 90 crore in Q2 last year.

For the first half of the year, based on the audited results, the company's total operating income at INR 2348 crore was up by 25% as compared to INR 1881 crore in the previous year. Net profit of INR 182 crore was 17% higher than last year's INR 156 crore.

On a consolidated basis, total operating income of the group for the half year was INR 2733 crore compared to INR 2001 crore last year. Net profit was INR 194 crore as compared to INR 158 crore in the corresponding period last year.

As on September 30th 2011, Thermax Limited has an order backlog of INR 5770 crore as compared to INR 6602 crore in September 2010. The group order backlog stands at INR 6531 crore against last year's INR 7276 crore.

Thermax signed technology transfer agreements with Tecnochem Italiana and Gmppo Chimico Dalton, Italy for construction chemicals. The tie ups will help the company to offer advanced chemical technology for infrastructure development projects. The company also signed a technology and partnership agreement with Amonix Inc of USA to bring concentrated photovoltaic technology for power generation in India.