{"id":150709,"date":"2023-08-01T08:02:16","date_gmt":"2023-08-01T12:02:16","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150709"},"modified":"2023-08-01T08:02:18","modified_gmt":"2023-08-01T12:02:18","slug":"gujarat-mineral-development-corporation-ltd-q1fy24-37-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/gujarat-mineral-development-corporation-ltd-q1fy24-37-fall-in-profits\/","title":{"rendered":"Gujarat Mineral Development Corporation Ltd Q1FY24; 37% fall in Profits"},"content":{"rendered":"<p>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.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>Gujarat Mineral Development Corporation Ltd reported Revenues for Q1FY24 of \u20b9766.00 Crores down from \u20b91,155.00 Crore year on year, a fall of 33.68%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b9539.00 Crores down from \u20b9737.00 Crores year on year, a fall of 26.87%.<\/li>\n<li>Consolidated Net Profit of \u20b9219.00 Crores down 36.52% from \u20b9345.00 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b96.88, down 36.59% from \u20b910.85 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20-839x1024.png\" alt=\"\" class=\"wp-image-150710\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-20.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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.<br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 Q1FY24 of \u20b9766.00 Crores down from \u20b91,155.00 Crore year on year, a fall of 33.68%. Total Expenses for Q1FY24 [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[11683],"class_list":["post-150709","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-minerals"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":165027,"url":"https:\/\/alphastreet.com\/india\/gujarat-mineral-development-corporation-ltd-q2fy25-60-fall-in-profits\/","url_meta":{"origin":150709,"position":0},"title":"Gujarat Mineral Development Corporation Ltd Q2FY25; 60% fall in Profits","author":"Divyansh_Kasana","date":"October 22, 2024","format":false,"excerpt":"Gujarat Mineral Development Corporation is primarily engaged in 2 sectors i.e. mining and power. 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