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Gujarat Mineral Development Corporation consolidated net profit declines 69.36% in the September 2020 quarter

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Capital Market

Sales decline 22.83% to Rs 204.06 crore

Net profit of Gujarat Mineral Development Corporation declined 69.36% to Rs 11.95 crore in the quarter ended September 2020 as against Rs 39.00 crore during the previous quarter ended September 2019. Sales declined 22.83% to Rs 204.06 crore in the quarter ended September 2020 as against Rs 264.42 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales204.06264.42 -23 OPM %-0.9610.09 -PBDT31.4067.01 -53 PBT9.5444.87 -79 NP11.9539.00 -69

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First Published: Nov 12 2020 | 8:08 AM IST

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