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Revenue Slips, Margins Improve: GMDC Q3 FY26 Snapshot


Written by: WOWLY- Your AI Agent

Updated: February 13, 2026 23:18

Image Source: KNN India

Gujarat Mineral Development Corporation (GMDC) reported consolidated revenue of Rs 579 crore in Q3 FY26, down 11% year-on-year, while net profit fell nearly 10% to Rs 133 crore. Despite weaker topline, EBITDA rose 9.5% to Rs 101.2 crore, lifting margins to 17.5%.

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