Gujarat Mineral Development Corporation Limited — Updates, 15-05-2025: Press Release

GMDC has announced a board meeting on the financial results for the quarter and half-year. Annual revenue grew 16% YoY to ₹2851 Cr, with EBITDA up 11% to ₹992 Cr. Q4 revenue reached ₹786 Cr (+5% YoY) and EBITDA ₹311 Cr (+13%). Lignite sales surged to 80.2 lakh MT, boosting operations, while bauxite output rose to 5 lakh MT. Progress in the Baitarani West project underlines GMDC’s drive to expand and improve efficiency in its core mining businesses.