State-owned Gujarat Mineral Development Corporation (GMDC) reported a 20.8% increase in consolidated net profit to ₹226.22 crore for the quarter ended March 31, 2025, up from ₹187.24 crore in the same period last year.
The company’s consolidated income rose to ₹904.33 crore, compared to ₹822.04 crore in Q4FY24.
Total expenses increased to ₹619.44 crore, up from ₹585.02 crore a year ago.
Key financial highlights for Q4FY25 include:
Net sales: ₹786.28 crore, up 4.73% from ₹750.75 crore in Q4FY24
Quarterly net profit: ₹226.22 crore, up 9.22% from ₹207.13 crore
EBITDA: ₹311.61 crore, up 12.45% from ₹277.12 crore
Earnings Per Share (EPS): ₹7.12, up from ₹6.51
About GMDC
Gujarat Mineral Development Corporation Limited (GMDC) is a major Indian state-owned minerals and lignite mining company based in Ahmedabad.GMDC was founded in 1963.
Its product range includes essential energy minerals like lignite, base metals and industrial minerals like bauxite and fluorspar.Gujarat government has given its green signal to GMDC to form a joint venture with NALCO for a 1 mtpa refinery.
GMDC also owns and runs Akrimota Thermal Power Station, a 250 MW (2×125 MW) lignite-based thermal power plant located in village Nanichher in Lakhpat Taluka, Kutch District
