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GMM Pfaudler H1 PAT up 286%
October 31, 2003 18:58 IST
GMM Pfaudler reported a H1 net profit after tax of Rs 1.39 crore (Rs 13.9 million) an increase of 286 per cent over last year. Income from sales for the half year ended September 30 stood at Rs 29.1 crore (Rs291 million), representing an increase of 23 per cent over the corresponding period last year GMM Pfaudler, a subsidiary of Pfaudler Inc, USA, is a market leader in corrosion resistant glasslined reactors and storage tanks. GMM Pfaudler manufactures and markets superior quality chemical process equipments to serve the pharmaceuticals, specialty chemicals, agro chemicals, dyes and intermediates and food and beverage industries.
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