Gujarat Mineral Development Corporation Limited — Board Meeting, 15-05-2025: Outcome of Board Meeting
15-05-2025 | 01:56 pm
15-05-2025 | 01:56 pm
GMDC has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue climbed to ₹2,850.84 Cr (up from ₹2,462.88 Cr), with net profit after tax rising to ₹685.79 Cr from ₹597.36 Cr last year. EPS improved to ₹21.57. The board approved a healthy dividend of ₹10.10 per equity share (₹2 face value), signaling strong cash flow and profitability. Mining drove growth while the power segment remained steady, backed by a clean audit report confirming solid financial health.
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