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Gujarat Mineral Development Corporation reports consolidated net loss of Rs 184.64 crore in the March 2021 quarter

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Capital Market

Sales rise 37.33% to Rs 565.81 crore

Net loss of Gujarat Mineral Development Corporation reported to Rs 184.64 crore in the quarter ended March 2021 as against net profit of Rs 12.30 crore during the previous quarter ended March 2020. Sales rose 37.33% to Rs 565.81 crore in the quarter ended March 2021 as against Rs 412.02 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 39.34 crore in the year ended March 2021 as against net profit of Rs 146.49 crore during the previous year ended March 2020. Sales declined 11.95% to Rs 1339.24 crore in the year ended March 2021 as against Rs 1520.95 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales565.81412.02 37 1339.241520.95 -12 OPM %5.620.77 --0.738.26 - PBDT75.5558.34 29 143.88296.39 -51 PBT47.9034.79 38 49.67204.82 -76 NP-184.6412.30 PL -39.34146.49 PL

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First Published: Jun 29 2021 | 3:46 PM IST

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