New Delhi, Feb. 6 -- Glass-lined equipment company GMM Pfaudler Limited on Thursday reported a net profit of Rs 40 crore during the third quarter of current financial year as company crossed revenues from operations Rs 800 crore.
Commenting on the Company's Q3 FY25 results, Tarak Patel, Managing Director said, "The general weakness in the chemical industry continues, negatively impacting capex cycles and new investments. Despite this slowdown, our shipment, order intake and backlog for this quarter remain stable. Our diversification strategy continues to pay rich dividends as we have made up some of this shortfall from new industry verticals such as Oil & Gas, Petrochemicals, Semi-Conductor and Metals & Minerals."
He further added, "While...