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GMM Pfaudler reports 28% rise in Q4 consolidated net profit

31 May 2019 Evaluate

GMM Pfaudler has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported a rise of 27.88% in its net profit at Rs 10.78 crore for the quarter ended March 31, 2019 as compared to Rs 8.43 crore for the same quarter in the previous year. Total income of the company increased by 36.39% at Rs 122.70 crore for quarter under review as compared to Rs 89.96 crore for the quarter ended March 31, 2018.

For the year ended March 31, 2019, the company has posted a rise of 43.16% in its net profit at Rs 40.63 crore as compared to Rs 28.38 crore for the previous year. Total income of company increased 31.18% at Rs 425.94 crore for year under review as compared to Rs 324.71 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 18.51% in its net profit at Rs 50.58 crore as compared to Rs 42.68 crore for the previous year. Total income of company increased by 21.58% at Rs 511.09 crore for year under review as compared to Rs 420.36 crore for year ended March 31, 2018.

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