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Gujarat Mineral Development Corporation standalone net profit rises 10.09% in the September 2016 quarter

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Capital Market

Sales decline 2.19% to Rs 241.53 crore

Net profit of Gujarat Mineral Development Corporation rose 10.09% to Rs 72.86 crore in the quarter ended September 2016 as against Rs 66.18 crore during the previous quarter ended September 2015. Sales declined 2.19% to Rs 241.53 crore in the quarter ended September 2016 as against Rs 246.93 crore during the previous quarter ended September 2015. ParticularsQuarter EndedSep. 2016Sep. 2015% Var.Sales241.53246.93 -2 OPM %27.2028.81 -PBDT123.77112.40 10 PBT90.2381.35 11 NP72.8666.18 10

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First Published: Dec 16 2016 | 5:51 PM IST

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