GMDC announced its Q2FY13 results on 15th October, 2012.
GMDC arrived at net sales of INR328.22 crore in Q2FY13, depicting a significant growth of 56.61% on YoY basis, but showed a negative growth of 23.02% on QoQ basis. The EBITDA for the quarter arrived at INR217.4 crore, which was up by 107.3% on YoY basis, but down by 19.3% on QoQ basis. The EBITDA Margin stood at 56.88%, which improved by 1385bps on YoY basis and 281bps on QoQ basis. The company posted net profit of INR168.81 crore, which was notably up by 169.58%, but merely down by 1.01% on QoQ basis. The PAT margin stood at 44.17%, again up by 1851bps and 982bps on YoY and QoQ basis, respectively.