Gujarat Mineral Development Corporation standalone net profit rises 11.18% in the March 2018 quarter

Sales rise 16.76% to Rs 635.06 crore

Net profit of Gujarat Mineral Development Corporation rose 11.18% to Rs 100.07 crore in the quarter ended March 2018 as against Rs 90.01 crore during the previous quarter ended March 2017. Sales rose 16.76% to Rs 635.06 crore in the quarter ended March 2018 as against Rs 543.90 crore during the previous quarter ended March 2017.

For the full year,net profit rose 33.64% to Rs 434.60 crore in the year ended March 2018 as against Rs 325.20 crore during the previous year ended March 2017. Sales rose 30.82% to Rs 2069.97 crore in the year ended March 2018 as against Rs 1582.36 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales635.06543.90 17 2069.971582.36 31 OPM %21.2027.32 -26.5726.58 - PBDT171.17176.08 -3 668.59598.22 12 PBT172.59132.53 30 556.92446.96 25 NP100.0790.01 11 434.60325.20 34

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