GMM Pfaudler Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 05:06 am EST
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GMM Pfaudler Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 9,374.8 million compared to INR 7,800.5 million a year ago. Revenue was INR 9,459.9 million compared to INR 7,995.2 million a year ago. Net income was INR 711.4 million compared to INR 649.8 million a year ago. Basic earnings per share from continuing operations was INR 15.82 compared to INR 14.81 a year ago. Diluted earnings per share from continuing operations was INR 15.82 compared to INR 14.8 a year ago.
For the six months, sales was INR 18,497.5 million compared to INR 15,192.9 million a year ago. Revenue was INR 18,669.6 million compared to INR 15,672.5 million a year ago. Net income was INR 1,260.7 million compared to INR 1,094.9 million a year ago. Basic earnings per share from continuing operations was INR 28.04 compared to INR 24.96 a year ago. Diluted earnings per share from continuing operations was INR 28.04 compared to INR 24.95 a year ago.
GMM Pfaudler Limited is an India-based company that is engaged in manufacturing of corrosion resistant glass-lined equipment used primarily in the chemical, pharmaceutical and allied industries. The Company also manufactures flouro-polymer products and other chemical process equipment such as agitated nutsche filters, filter driers, wiped film evaporators and mixing systems. The Company's segments include India and Overseas. It provides solutions for a myriad of applications, such as reaction, evaporation, acid recovery, distillation, filtration and drying. Its services include glass-lined technology, lab, and process glass, mixing technology, sealing technology, alloy process equipment, fluoropolymers, and membrane separation systems. The Companyâs manufacturing unit is located at Karamsad and Vatva, Gujarat and Hyderabad, Telangana It serves various industries, including chemical, pharmaceutical, food and beverage, and oil and gas. It has 16 manufacturing facilities.
GMM PFAUDLER LIMITED 
