Stock Report

GMDC reports consolidated net profit of Rs. 218.70 crores in Q1 FY2024

Posted On : 2023-08-01 14:41:00( TIMEZONE : IST )

Gujarat Mineral Development Corporation Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 826.7681 crores during the period ended June 30, 2023 as compared to Rs. 1188.5214 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 218.7023 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 452.2870 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 6.88 for the period ended June 30, 2023 as compared to Rs. 14.22 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 826.7681 crs	₹1188.5214 crs	-30.44%
Net Profit	₹218.7023 crs	₹452.2870 crs	-51.65%
EPS	₹6.88	₹14.22	-51.62%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 826.7681 crores during the period ended June 30, 2023 as compared to Rs.1203.0577 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.218.7023 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.344.9453 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.6.88 for the period ended June 30, 2023 as compared to Rs.10.85 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 826.7681 crs	₹1203.0577 crs	-31.28%
Net Profit	₹218.7023 crs	₹344.9453 crs	-36.60%
EPS	₹6.88	₹10.85	-36.59%

Shares of Gujarat Mineral Development Corporation Limited was last trading in BSE at Rs. 181.65 as compared to the previous close of Rs. 178.10. The total number of shares traded during the day was 138467 in over 1653 trades.

The stock hit an intraday high of Rs. 183.50 and intraday low of 178.60. The net turnover during the day was Rs. 25075454.00.