Gujarat Mineral Development Corporation reports standalone net profit of Rs 175.79 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 175.79 crore in the quarter ended March 2022 as against net loss of Rs 185.24 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 404.28 crore in the year ended March 2022 as against net loss of Rs 36.89 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 %39.695.86 -24.91-0.22 - PBDT458.7474.94 512 834.00146.34 470 PBT422.8647.29 794 736.0252.13 1312 NP175.79-185.24 LP 404.28-36.89 LP

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