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India's GMM Pfaudler down after Q4 profit falls



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** Shares of GMM Pfaudler GMMP.NS fall as much as 5.1% to 1,334 rupees

** Engineering equipment supplier for pharma and chemical industries reported a 12.1% Y/Y fall in Q4 profit to 310.7 mln rupees ($3.7 mln)

** Revenue from operations fell 14.5% Y/Y

** Co also recommended a final dividend of 1 rupee per share, subject to requisite approvals

** More than 771,000 shares traded by 11:33 a.m. IST, 8.1x its 30-day avg

** Including session's move, stock is down 17% YTD


($1 = 83.2670 Indian rupees)



Reporting by Navamya Ganesh Acharya in Bengaluru

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