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Gujarat Mineral Development Corporation Ltd Q2FY25; 60% fall in Profits

Gujarat Mineral Development Corporation is primarily engaged in 2 sectors i.e. mining and power. Its projects include Lignite, Bauxite, Fluorspar, Multi-Metal, Manganese, Power, Wind and Solar.

Financial Results:

Dalmia Bharat Ltd reported Revenues for Q2FY25 of ₹3,087.00 Crores down from ₹3,153.00 Crore year on year, a fall of 2.09%.

Total Expenses for Q2FY25 of ₹3,087.00 Crores up from ₹3,062.00 Crores year on year, a rise of 0.82%.

Consolidated Net Profit of ₹49.00 Crores down 60.16% from ₹123.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.45, down 61.05% from ₹6.29 in the same quarter of the previous year.

Tags: Mining
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