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GMM Pfaudler Ltd Q2FY24; 28% fall in Profits

GMM Pfaudler manufactures corrosion resistant glass-lined equipments . It is a leading supplier of process equipments to the pharmaceutical and chemical industries . Over the years GMMP has diversified its product portfolio to include Mixing Systems, Filtration & Drying Equipment, Engineered Systems and Heavy Engineering Equipments.

Financial Results:

GMM Pfaudler Ltd reported Revenues for Q2FY24 of ₹937.00 Crores up from ₹780.00 Crore year on year, a rise of 20.13%.

Total Expenses for Q2FY24 of ₹849.00 Crores up from ₹698.00 Crores year on year, a rise of 21.63%.

Consolidated Net Profit of ₹70.00 Crores down 27.84% from ₹97.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹15.82, up 9.48% from ₹14.45 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Chemicals
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