Stock Report

GMDC Q2FY23 consolidated PAT drops QoQ to Rs. 151.22 crores

Posted On : 2022-10-18 11:44:46( TIMEZONE : IST )

Gujarat Mineral Development Corporation Limited has reported Consolidated financial results for the period ended September 30, 2022.

Financial Results (Q2 FY2023) - QoQ Comparison

The company has reported total income of Rs. 591.4562 crores during the period ended September 30, 2022 as compared to Rs. 1203.0577 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs. 151.2212 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs. 344.9453 crores for the period ended June 30, 2022.

The company has reported EPS of Rs. 4.76 for the period ended September 30, 2022 as compared to Rs. 10.85 for the period ended June 30, 2022.

Financials	Q2 FY2023	Q1 FY2023	% Change
Total Income	₹ 591.4562 crs	₹1203.0577 crs	-50.84%
Net Profit	₹151.2212 crs	₹344.9453 crs	-56.16%
EPS	₹4.76	₹10.85	-56.13%

Financial Results (Q2 FY2023) - YoY Comparison

The company has reported total income of Rs. 591.4562 crores during the period ended September 30, 2022 as compared to Rs.494.7147 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.151.2212 crores for the period ended September 30, 2022 as against net profit / (loss) of Rs.40.4553 crores for the period ended September 30, 2021.

The company has reported EPS of Rs.4.76 for the period ended September 30, 2022 as compared to Rs.1.27 for the period ended September 30, 2021.

Financials	Q2 FY2023	Q2 FY2022	% Change
Total Income	₹ 591.4562 crs	₹494.7147 crs	19.56%
Net Profit	₹151.2212 crs	₹40.4553 crs	273.80%
EPS	₹4.76	₹1.27	274.80%

Financial Results (Half Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1794.5139 crores during the 6 Months period ended September 30, 2022 as compared to Rs.1027.6108 crores during the 6 Months period ended September 30, 2021.

The company has posted net profit / (loss) of Rs.496.1665 crores for the 6 Months period ended September 30, 2022 as against net profit / (loss) of Rs.78.1672 crores for the 6 Months period ended September 30, 2021.

The company has reported EPS of Rs.15.60 for the 6 Months period ended September 30, 2022 as compared to Rs.2.46 for the 6 Months period ended September 30, 2021.

Financials	Half Year Ended FY2023	Half Year Ended FY2022	% Change
Total Income	₹1794.5139 crs	₹1027.6108 crs	74.63%
Net Profit	₹496.1665 crs	₹78.1672 crs	534.75%
EPS	₹15.60	₹2.46	534.15%

Shares of Gujarat Mineral Development Corporation Limited was last trading in BSE at Rs. 141.35 as compared to the previous close of Rs. 139.95. The total number of shares traded during the day was 73340 in over 1438 trades.

The stock hit an intraday high of Rs. 142.45 and intraday low of 137.80. The net turnover during the day was Rs. 10254574.00.