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10-Nov-2024

GMM Pfaudler

Net down 74% hit largely by weak operating show, lower OI, higher interest


'Consolidated net sales (including other operating income) of GMM Pfaudler for the quarter ended Sep 2024 has declined 14.09% to Rs 805.42 crore.  Sales of India segment has gone down 16.57% to Rs 196.24 crore (accounting for 24.36% of total sales).  Sales of Overseas segment has gone down 13.26% to Rs 609.18 crore (accounting for 75.64% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has slumped 48.03% to Rs 59.50 crore.  PBIT of India segment fell 43.71% to Rs 16.83 crore (accounting for 28.29% of total PBIT).  PBIT of Overseas segment fell 49.56% to Rs 42.67 crore (accounting for 71.71% of total PBIT).  

PBIT margin of India segment fell from 12.71% to 8.58%.  PBIT margin of Overseas segment fell from 12.05% to 7.00%.  Overall PBIT margin fell from 12.21% to 7.39%.  

Operating profit margin has declined from 15.15% to 11.61%, leading to 34.17% declin...



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