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Gujarat Mineral Development Corporation standalone net profit rises 58.94% in the June 2016 quarter

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Capital Market

Sales rise 26.79% to Rs 399.30 crore

Net profit of Gujarat Mineral Development Corporation rose 58.94% to Rs 114.80 crore in the quarter ended June 2016 as against Rs 72.23 crore during the previous quarter ended June 2015. Sales rose 26.79% to Rs 399.30 crore in the quarter ended June 2016 as against Rs 314.93 crore during the previous quarter ended June 2015. ParticularsQuarter EndedJun. 2016Jun. 2015% Var.Sales399.30314.93 27 OPM %35.1031.24 -PBDT188.05138.25 36 PBT156.32107.76 45 NP114.8072.23 59

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First Published: Aug 29 2016 | 8:06 PM IST

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