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Gujarat Mineral Development Corporation Ltd Q4FY24; 53% 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:

Gujarat Mineral Development Corporation Ltd reported Revenues for Q4FY24 of ₹751.00 Crores down from ₹948.00 Crore year on year, a fall of 20.78%.

Total Expenses for Q4FY24 of ₹567.00 Crores down from ₹580.00 Crores year on year, a fall of 2.24%.

Consolidated Net Profit of ₹207.00 Crores down 53.17% from ₹442.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.51, down 53.17% from ₹13.90 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Minerals
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