By: ICN Bureau
Last updated : November 07, 2024 9:14 pm
Meanwhile, order backlog stands at Rs. 1,773 crore, up 4% compared to September 30, 2023.
GMM Pfaudler Limited, global leader in glass-lined equipment, announces its second quarter (Q2 FY25) and half year results (H1 FY25) for the period ended September 30, 2024.
The company has posted revenue of Rs. 805 crore and PAT of Rs. 17 crore in Q2 FY25. During H1 FY25, GMM Pfaudler’s revenue stood Rs. 1,591 crore and PAT of Rs. 41 crore.
Meanwhile, order backlog stands at Rs. 1,773 crore, up 4% compared to September 30, 2023
Commenting on the Company’s Q2 FY25 results, Tarak Patel, Managing Director said, "We are pleased to report a stable performance this quarter despite a general slowdown in investments within the chemical and pharmaceutical sectors. As a result of our diversification strategy, which involves adding new products to our portfolio and developing new industry segments, we have seen an improvement in order intake which has helped us maintain our backlog.”
He further added, "While the outlook remains muted for this financial year, we continue to focus our efforts on strengthening our market share, reducing costs and improving efficiencies."