GMDC Delivers Q1 Performance with Rs 7.33 Billion Revenue and Rs 1.64 Billion Profit

Quarterly Financial Highlights

Gujarat Mineral Development Corporation Ltd (GMDC) reported a robust set of numbers for the June quarter of FY26, showcasing operational strength and strategic execution.

• Consolidated revenue from operations stood at Rs 7.33 billion
• Net profit came in at Rs 1.64 billion, reflecting strong cost control and stable demand
• EBITDA margins remained healthy, supported by lignite and bauxite volumes

Operational and Strategic Developments

• Continued focus on mineral diversification and rare earth processing
• Expansion in copper and fluorspar projects underway
• Power segment performance improved due to revised purchase agreements

Market Position and Outlook

• GMDC maintains its position as India’s top merchant seller of lignite
• FY26 guidance includes double-digit growth in revenue and improved asset utilization
• Strategic partnerships and capex plans remain on track

Sources: GMDC Investor Portal, Moneycontrol, Trendlyne