GMM Pfaudler Q3 Results: Company slips into loss on one-time labor charge, revenue up 10% YoY
GMM Pfaudler, which manufactures corrosion-resistant glass-lined equipment, released its financial performance for the December quarter today, reporting a net loss of ₹8 crores. It had reported a net profit of ₹41.48 crore in the same period last year. The decline in net profit was largely due to one-time provisions, including a ₹12.7 crore provision related…
