GMDC Q4 Results: Gujarat Mineral Development Corporation reports PAT of Rs 177 crore
Gujarat Mineral Development Corporation (GMDC), on April 25, 2022, in its Q4 results, reported a combined profit after tax (PAT) of Rs 176.99 crore for the quarter ended March 2022, as per a PTI report.
GMDC Q4 Results: Gujarat Mineral Development Corporation (GMDC), on April 25, 2022, in its Q4 results, reported a combined profit after tax (PAT) of Rs 176.99 crore for the quarter ended March 2022, as per a PTI report.
Post-tax losses for the company in the year-ago period came to Rs 184.63 crore, GMDC announced in a BSE filing.
In the January-March quarter, the company's consolidated income was Rs 1,096.97 crore, up from Rs 608.36 crore a year ago.
Additionally, the company announced its board had recommended a dividend of Rs 4.30 per equity share of Rs 2 each for FY'22.
Gujarat Mineral Development Corporation (GMDC) is a state-controlled company headquartered in Ahmedabad that mines minerals and lignite.
(With PTI inputs)
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