{"id":20979,"date":"2022-02-03T18:41:21","date_gmt":"2022-02-03T13:11:21","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-results-gmm-pfaudler\/"},"modified":"2022-02-03T19:02:56","modified_gmt":"2022-02-03T13:32:56","slug":"biz-results-gmm-pfaudler","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-results-gmm-pfaudler\/","title":{"rendered":"GMM Pfaudler&#8217;s Q3 Results: Consolidated net profit jumps 85%"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3240997716\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>GMM Pfaudler, a leading supplier of engineered equipment and systems to chemical and pharma markets, on Thursday reported an 85 per cent jump in consolidated net profit to Rs 43 crore for the December 2021 quarter.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1750301794\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p>The city-headquartered company also saw its revenue rise by 218 per cent to Rs 642 crore during the quarter from Rs 202 crore in the corresponding quarter last fiscal, despite a dip in the operational margin to 6.7 per cent from 11.5 per cent a year ago.<\/p>\n<p>However, on a standalone basis, revenue declined 26 per cent to Rs 209 crore and net profit slipped by 12 per cent to Rs 20 crore, while margin declined to\u00a0 9.4 per cent from 13.4 per cent.<\/p>\n<p>Its Managing Director Tarak Patel said the numbers are the result of strong execution across the company&#8217;s international businesses in the third successive quarter, signalling a sustainable turnaround of certain underperforming facilities.<\/p><div class=\"trade-content_5\" id=\"trade-1002759072\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>In the domestic market, higher cost of input along with investments into new facilities has impacted margin, he added.<\/p>\n<p>The company runs 14 manufacturing facilities across four continents said.<\/p>\n<p>Overall, end-market demand remains strong and the order backlog across geographies stands at an all-time high. Moving ahead, capital expenditure plans and new product launches remain on track and &#8220;we continue to focus on improving integration synergies and driving operational efficiencies&#8221;, he said.<\/p>\n<p>GMM Pfaudler employs over 1,500 across its 14 manufacturing facilities on four continents. Its branded product lines cover a broad portfolio that includes fluoropolymers, filtration &amp; drying, engineered column systems, lab &amp; process glass, sealing technology and glass-lined &amp; alloy systems.<\/p>\n<p>Shares of the company on Thursday closed 2.64 per cent down to Rs 5,020 apiece on the BSE. PTI BEN HRS hrs<\/p>\n<div class=\"trade-after-content\" id=\"trade-2960368332\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>GMM Pfaudler, a leading supplier of engineered equipment and systems to chemical and pharma markets, on Thursday reported an 85 per cent jump in consolidated net profit to Rs 43 crore for the December 2021 quarter. The city-headquartered company also saw its revenue rise by 218 per cent to Rs 642 crore during the quarter [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":20997,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31,1789],"tags":[],"class_list":["post-20979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-results","category-news","category-trending-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GMM Pfaudler&#039;s Q3 Results: Consolidated net profit jumps 85% - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-results-gmm-pfaudler\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GMM Pfaudler&#039;s Q3 Results: Consolidated net profit jumps 85%\" \/>\n<meta property=\"og:description\" content=\"GMM Pfaudler, a leading supplier of engineered equipment and systems to chemical and pharma markets, on Thursday reported an 85 per cent jump in consolidated net profit to Rs 43 crore for the December 2021 quarter. 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