GMM Pfaudler Bags Rs 3 Bn European Defence Contract
DEFENSE

GMM Pfaudler Bags Rs 3 Bn European Defence Contract

Process equipment manufacturer GMM Pfaudler announced that its wholly owned German subsidiary, Pfaudler Normag Systems GmbH, has secured an international order worth EUR 33.2 million (approximately Rs 3 billion). The contract was awarded by a European manufacturer engaged in light and medium weapons, ammunition, and tool production for both defence and civilian use.

According to the stock exchange filing on June 19, the four-year contract covers the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. Pfaudler Normag will receive an upfront payment of 30 per cent upon signing the agreement. The identity of the client remains undisclosed due to confidentiality clauses.

GMM Pfaudler expects the project to contribute significantly to revenue over its execution period.

Financially, GMM Pfaudler reported a net loss of Rs 270 million for the January–March quarter, compared to a net profit of Rs 276 million in the same period last year. The loss excludes one-off closure-related costs totalling Rs 477 million, including severance payouts, inventory write-offs, and asset impairments. Total exceptional costs stood at Rs 430 million for Q4 FY25 and Rs 504 million for the full year.

Revenue from operations rose by 8.9 per cent year-on-year to Rs 8.07 billion, up from Rs 7.41 billion in the previous year’s fourth quarter. However, EBITDA fell by 57.5 per cent to Rs 833 million, with margins narrowing to 10.3 per cent from 12.1 per cent year-on-year.


Process equipment manufacturer GMM Pfaudler announced that its wholly owned German subsidiary, Pfaudler Normag Systems GmbH, has secured an international order worth EUR 33.2 million (approximately Rs 3 billion). The contract was awarded by a European manufacturer engaged in light and medium weapons, ammunition, and tool production for both defence and civilian use.According to the stock exchange filing on June 19, the four-year contract covers the design, engineering, and supply of complete end-to-end acid recovery equipment and systems. Pfaudler Normag will receive an upfront payment of 30 per cent upon signing the agreement. The identity of the client remains undisclosed due to confidentiality clauses.GMM Pfaudler expects the project to contribute significantly to revenue over its execution period.Financially, GMM Pfaudler reported a net loss of Rs 270 million for the January–March quarter, compared to a net profit of Rs 276 million in the same period last year. The loss excludes one-off closure-related costs totalling Rs 477 million, including severance payouts, inventory write-offs, and asset impairments. Total exceptional costs stood at Rs 430 million for Q4 FY25 and Rs 504 million for the full year.Revenue from operations rose by 8.9 per cent year-on-year to Rs 8.07 billion, up from Rs 7.41 billion in the previous year’s fourth quarter. However, EBITDA fell by 57.5 per cent to Rs 833 million, with margins narrowing to 10.3 per cent from 12.1 per cent year-on-year.

Related Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement