Gmm Pfaudler Limited Announces Unaudited Standalone Financial Results for the Third Quarter and Nine Months Ended December 31, 2018
January 30, 2019 at 10:38 am
Share
GMM Pfaudler Limited announced unaudited standalone financial results for the third quarter and nine months ended December 31, 2018. For the quarter, revenue from operations were INR 1,055.87 million against INR 792.41 million a year ago. Profit for the period was INR 109.59 million against INR 73.67 million a year ago. Basic and diluted earnings per share was INR 7.50 per share against INR 5.04 per share a year ago.
For nine months period, revenue from operations were INR 2,979.84 million against INR 2,297.81 million a year ago. Profit for the period was INR 298.56 million against INR 199.44 million a year ago. Basic and diluted earnings per share was INR 20.42 per share against INR 13.64 per share 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.