GMM Pfaudler announced that the Board of Directors of the Company at its meeting held on 22 May 2024, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of GMM Pfaudler declined 12.08% to Rs 31.07 crore in the quarter ended March 2024 as against Rs 35.34 crore during the previous quarter ended March 2023. Sales declined 14.46% to Rs 740.73 crore in the quarter ended March 2024 as against Rs 865.95 crore during the previous quarter ended March 2023.For the full year,net profit rose 9.43% to Rs 178.91 crore in the year ended March 2024 as against Rs 163.50 crore during the previous year ended March 2023. Sales rose 8.46% to Rs 3446.48 crore in the year ended March 2024 as against Rs 3177.55 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales740.73865.95 -14 3446.483177.55 8 OPM %12.2510.90 -13.8313.51 - PBDT71.3287.59 -19 402.05414.44 -3 PBT35.5951.40 -31 255.40292.65 -13 NP31.0735.34 -12 178.91163.50 9 Powered by Capital Market - Live News

GMM Pfaudler will hold a meeting of the Board of Directors of the Company on 22 May 2024Powered by Capital Market - Live News

GMM Pfaudler announced that CRISIL has upgraded the outlook on the Company to AA-/ Positive Outlook from AA-/ Stable Outlook, as under:Long term debt (term loans) (Rs 176.40 crore) - CRISIL AA-/ PositiveFund-based working capital limits (Rs 244.98 crore) - CRISIL AA-/ Positive/ CRISIL A1+Non-fund based facilities (Rs 178.62 crore) - CRISIL A1+Powered by Capital Market - Live News

Net profit of GMM Pfaudler rose 69.90% to Rs 31.72 crore in the quarter ended December 2023 as against Rs 18.67 crore during the previous quarter ended December 2022. Sales rose 8.04% to Rs 856.00 crore in the quarter ended December 2023 as against Rs 792.31 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales856.00792.31 8 OPM %13.3014.94 - PBDT83.1686.56 -4 PBT50.4956.42 -11 NP31.7218.67 70 Powered by Capital Market - Live News