GMM Pfaudler Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 25, 2023 at 09:26 am EDT
Share
GMM Pfaudler Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 8,659.5 million compared to INR 6,993.7 million a year ago. Revenue was INR 8,805.9 million compared to INR 7,007.6 million a year ago. Net income was INR 384.7 million compared to INR 160.4 million a year ago. Basic earnings per share from continuing operations was INR 8.56 compared to INR 3.66 a year ago. Diluted earnings per share from continuing operations was INR 8.56 compared to INR 3.66 a year ago.
For the full year, sales was INR 31,775.5 million compared to INR 25,405.7 million a year ago. Revenue was INR 32,292.4 million compared to INR 25,473 million a year ago. Net income was INR 1,666.3 million compared to INR 850.5 million a year ago. Basic earnings per share from continuing operations was INR 37.52 compared to INR 19.39 a year ago. Diluted earnings per share from continuing operations was INR 37.51 compared to INR 19.39 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 
