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Gujarat Mineral Development Corporation consolidated net profit rises 42.79% in the June 2020 quarter

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Capital Market

Sales decline 52.44% to Rs 240.11 crore

Net profit of Gujarat Mineral Development Corporation rose 42.79% to Rs 136.11 crore in the quarter ended June 2020 as against Rs 95.32 crore during the previous quarter ended June 2019. Sales declined 52.44% to Rs 240.11 crore in the quarter ended June 2020 as against Rs 504.85 crore during the previous quarter ended June 2019. ParticularsQuarter EndedJun. 2020Jun. 2019% Var.Sales240.11504.85 -52 OPM %-0.5922.33 -PBDT34.17147.37 -77 PBT12.18123.89 -90 NP136.1195.32 43

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First Published: Aug 27 2020 | 1:26 PM IST

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