Thermax, Aequs Ltd. and Maruti Suzuki post Q1 FY27 earnings
Thermax Ltd. reported a 7% year‑on‑year increase in consolidated operating revenue to ₹2,303 crore for Q1 FY27, while consolidated profit after tax fell 85% to ₹22 crore. The company’s order backlog grew 23% YoY to a record ₹14,045 crore and it secured a US data‑centre order worth over ₹400 crore.
Aequs Ltd. posted Q1 FY27 revenue of ₹3,955 million, up 55% YoY, driven by strong aerospace demand. Its aerospace order book crossed the USD 1 billion mark, and the company recorded a profit after tax loss of ₹532 million, an improvement from the prior quarter.
Maruti Suzuki announced a 36% rise in revenue from operations to ₹52,469.8 crore in Q1 FY27, with total sales volume up 29.3%. Net profit (standalone) slipped to ₹3,352.1 crore from ₹3,758.1 crore a year earlier, even as the firm expanded capacity with a second plant in Kharkhoda and approved four compressed biogas projects worth ₹561 crore.
Entities: Aequs Ltd. · Maruti Suzuki · Thermax Ltd.
Claims
What the coverage asserts, and how well corroborated each claim is across sources.
- [○ 1 SOURCE] Aequs Ltd. recorded a profit after tax loss of ₹532 million in Q1 FY27. (Aequs Ltd. Reports Q1 FY27 Results with 55% Revenue Growth)
- [○ 1 SOURCE] Maruti Suzuki's Q1 FY27 revenue from operations rose 36% YoY to ₹52,469.8 crore. (Maruti Suzuki Q1 results: Profit slips 9% YoY to Rs 3,447 crore; revenue climbs 36% - BusinessToday)
- [○ 1 SOURCE] Thermax's order backlog grew 23% YoY to ₹14,045 crore as of 30 June 2026. (Thermax Q1 FY27 Results: Revenue Up 7%)
- [○ 1 SOURCE] Thermax's profit after tax fell 85% to ₹22 crore in Q1 FY27. (Thermax Q1 FY27 Results: Revenue Up 7%)
- [○ 1 SOURCE] Thermax's consolidated operating revenue increased 7% YoY to ₹2,303 crore in Q1 FY27. (Thermax Q1 FY27 Results: Revenue Up 7%)
- [○ 1 SOURCE] Aequs Ltd.'s aerospace order book exceeded USD 1 billion in Q1 FY27. (Aequs Ltd. Reports Q1 FY27 Results with 55% Revenue Growth)
- [○ 1 SOURCE] Aequs Ltd.'s Q1 FY27 revenue rose 55% YoY to ₹3,955 million. (Aequs Ltd. Reports Q1 FY27 Results with 55% Revenue Growth)
- [○ 1 SOURCE] Maruti Suzuki's standalone net profit for Q1 FY27 was ₹3,352.1 crore, down from ₹3,758.1 crore YoY. (Maruti Suzuki Q1 results: Profit slips 9% YoY to Rs 3,447 crore; revenue climbs 36% - BusinessToday)