GMM Pfaudler will hold a meeting of the Board of Directors of the Company on 6 February 2025.Powered by Capital Market - Live News

GMM Pfaudler through its subsidiary Pfaudler GmbH, Germany, has entered into an Investment and Shareholders` Agreement on 20 December 2024, to acquire 51% stake of a limited liability company in Poland. � This acquisition aims to establish a manufacturing and engineering facility in Poland, enhancing its global manufacturing capabilities and competitiveness. � The acquired entity specializes in the manufacturing of high-quality stainless-steel equipment for the pharmaceutical and food industries. � Investment of PLN 12.2 million (~ Rs 25.3 crore) will be made to establish this facility and the transaction will be funded through internal accruals. Powered by Capital Market - Live News

GMM Pfaudler announced that the Board of Directors of the Company at its meeting held on 7 November 2024, inter alia, have recommended the interim 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 74.73% to Rs 17.26 crore in the quarter ended September 2024 as against Rs 68.30 crore during the previous quarter ended September 2023. Sales declined 14.09% to Rs 805.42 crore in the quarter ended September 2024 as against Rs 937.48 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales805.42937.48 -14 OPM %11.6115.15 - PBDT66.29129.01 -49 PBT33.0392.99 -64 NP17.2668.30 -75 Powered by Capital Market - Live News

GMM Pfaudler will hold a meeting of the Board of Directors of the Company on 7 November 2024Powered by Capital Market - Live News