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    GMM Pfaudler shares dip regardless of steady Q3 efficiency 

    GMM Pfaudler’s shares closed at ₹1,190 on the NSE in the present day, falling ₹9.35 or 0.78 per cent, following yesterday’s announcement of its Q3 FY25 outcomes. The worldwide chief in glass-lined gear reported steady income with improved EBITDA margins for the quarter ended December 31, 2024.

    The corporate posted a consolidated EBITDA of ₹96 crore with a margin of 12 per cent, an enchancment on 11.6 per cent in Q2 FY25. Income stood at ₹801 crore, whereas internet revenue got here in at ₹40 crore with a margin of 5 per cent.

    Order consumption for Q3 FY25 reached ₹798 crore, up 5 per cent in comparison with the earlier quarter, whereas the order backlog elevated 7 per cent year-on-year to ₹1,740 crore. The corporate’s nine-month order consumption for FY25 grew 13 per cent in comparison with the identical interval final 12 months, reaching ₹2,442 crore.

    Managing Director Tarak Patel acknowledged the continued weak spot within the chemical trade affecting capital expenditure cycles, however highlighted the corporate’s profitable diversification into new sectors, together with Oil & Gasoline, Petrochemicals, Semi-Conductor, and Metals & Minerals. The corporate maintains a steady outlook for the present monetary 12 months, whereas specializing in strengthening market share, price discount, and effectivity enhancements.

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