Results - Announcements
Gujarat Mineral Development Corporation Ltd share price declined 6.07% to Rs 412.2 after the company's net profit grew slightly 4.50% to Rs 170.79 crore, while revenue from operations softened 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 marginally improved by 1.51% over last one week and tumbled 16.72% in last one month while the market capitalization of Gujarat Mineral Development Corporation Ltd has eased by 2.91% and 26.80% in the same period respectively.
Profit before tax (PBT) of Gujarat Mineral Development Corporation Ltd stood at Rs 234.16 crore in Q3 FY26, tumbling by 62.79% year-on-year, and rising 2.85% quarter-on-quarter. EBITDA came in at Rs 106 crore, plunging by 374.75% YoY and slipping 7.38% sequentially.
Total expenses slightly declined by 0.45% to Rs 745.58 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 40.94 crore, slipping by 3.15% YoY.
For the TTM ended FY26, revenue from operations eased 6.93% to Rs 2653.38 crore, while net profit jumped 40.72% to Rs 956.67 crore, compared to previous TTM. EBITDA surged by 30856% to Rs 19.91 crore, and PBT surged 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 30.83% in last one year, underperforming the benchmark BSE Sensex which has reduced by 11.78% during the same period.