Results - Announcements
Gujarat Mineral Development Corporation Ltd share price ticked higher by 0.64% to Rs 438.85 after the company's net profit inched up 4.50% to Rs 170.79 crore, while revenue from operations eased by 0.40% to Rs 902.97 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Minerals industry group stocks on BSE stood at Rs 2.36 lakh crore, tanking 16.30%. It has improved by 2.48% over last one week and tumbled 15.92% in last one month while the market capitalization of Gujarat Mineral Development Corporation Ltd has marginally improved by 3.37% and 22.07% in the same period respectively.
Profit before tax (PBT) of Gujarat Mineral Development Corporation Ltd stood at Rs 234.16 crore in Q3 FY26, nosediving by 62.79% year-on-year, and gaining 2.85% quarter-on-quarter. EBITDA came in at Rs 106 crore, crashing by 374.75% YoY and declining 7.38% sequentially.
Total expenses marginally dropped 0.45% to Rs 745.58 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 40.94 crore, softening 3.15% YoY.
For the TTM ended FY26, revenue from operations declined slightly by 6.93% to Rs 2653.38 crore, while net profit surged by 40.72% to Rs 956.67 crore, compared to previous TTM. EBITDA jumped by 30856% to Rs 19.91 crore, and PBT witnessed a strong rise of 42.65% to Rs 1267.74 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 743.72 crore in FY26, as against Rs 1059.37 crore in FY25.
Gujarat Mineral Development Corporation Ltd plunged by 25.75% in last one year, underperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.