Industrial Machinery company GMM Pfaudler announced Q3FY24 & 9MFY24 results: Q3FY24: Recorded a strong revenue of Rs 856 crore during Q3FY24. EBITDA amounted to Rs 114 crore, with an EBITDA Margin of 13.3%, reflecting operational efficiency. Achieved a Profit After Tax (PAT) of Rs 31 crore, with a PAT Margin of 3.6%. Earnings Per Share (EPS) stood at Rs 7.1, indicating earnings generated per outstanding share. Reported a substantial Order Intake of Rs 756 crore during the quarter, signifying a healthy demand for the company's offerings. Order Backlog as of Q3FY24 reached Rs 1,625 crore, reflecting a pipeline of contracted work to be executed in future periods. 9MFY24: Total revenue of Rs 2,706 crore during 9MFY24. EBITDA of Rs 388 crore, with an EBITDA Margin of 14.3%, indicating operational efficiency. Profit After Tax (PAT) of Rs 155 crore, with a PAT Margin of 5.7%. Earnings Per Share (EPS) for the 9 months stood at Rs 35.1, reflecting earnings per outstanding share. Registered a significant Order Intake of Rs 2,152 crore during the 9 months, indicating a strong demand for the company's products or services. Order Backlog as of 9MFY24 amounted to Rs 1,625 crore, representing contracted work to be executed in subsequent periods. Commenting on the Company’s Q3FY24 results, Tarak Patel, Managing Director said, “We are happy to report a strong performance this quarter. The business environment continues to remain challenging, driven primarily by a weakness in the chemical sector. Our product diversification strategy and subsequent entry into adjacent industries have resulted in improved order intake this quarter. With the current opportunity pipeline and the expected closing of several large deals in the coming months, we expect the order intake trend to continue to improve.” He added, “We continue to focus on reducing costs and improving efficiencies.” Result PDF