GMM Pfaudler Limited saw its shares fall over 4% following disappointing Q1 results for the period ending June 30, 2024. The company’s financial performance showed a decline in key metrics compared to the previous year.
Financial Highlights
- Sales: INR 7,852 million, down from INR 9,122.7 million year-on-year
- Revenue: INR 7,952.4 million, down from INR 9,209.7 million year-on-year
- Net Income: INR 252.6 million, down from INR 506.5 million year-on-year
- Basic EPS from Continuing Operations: INR 5.62, down from INR 11.27 year-on-year
- Diluted EPS from Continuing Operations: INR 5.62, down from INR 11.26 year-on-year
Market Reaction
As of 10:30 AM, GMM Pfaudler’s shares were trading 4.5% lower at ₹1,339.05 on NSE.
Summary Table
| Metric | Q1 FY25 | Q1 FY24 |
|---|---|---|
| Sales | INR 7,852 million | INR 9,122.7 million |
| Revenue | INR 7,952.4 million | INR 9,209.7 million |
| Net Income | INR 252.6 million | INR 506.5 million |
| Basic EPS from Continuing Ops | INR 5.62 | INR 11.27 |
| Diluted EPS from Continuing Ops | INR 5.62 | INR 11.26 |
TOPICS:
GMM Pfaudler