Gujarat Mineral Development Corporation reports consolidated net profit of Rs 176.99 crore in the March 2022 quarter

Sales rise 86.86% to Rs 1057.28 crore

Net profit of Gujarat Mineral Development Corporation reported to Rs 176.99 crore in the quarter ended March 2022 as against net loss of Rs 184.64 crore during the previous quarter ended March 2021. Sales rose 86.86% to Rs 1057.28 crore in the quarter ended March 2022 as against Rs 565.81 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 404.97 crore in the year ended March 2022 as against net loss of Rs 35.77 crore during the previous year ended March 2021. Sales rose 103.49% to Rs 2732.08 crore in the year ended March 2022 as against Rs 1342.63 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales1057.28565.81 87 2732.081342.63 103 OPM %39.725.62 -24.84-0.46 - PBDT459.9575.55 509 834.70147.46 466 PBT424.0747.90 785 736.7253.25 1284 NP176.99-184.64 LP 404.97-35.77 LP

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