Gujarat Mineral Development Corporation (GMDC) has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported rise of 11.18% in its net profit at Rs 100.07 crore for the quarter ended March 31, 2018, as compared to Rs 90.01 crore for the same quarter in the previous year. Total income of the company increased by 17.53% at Rs 671.98 crore for the quarter under review as compared Rs 571.77 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 33.64% in its net profit at Rs 434.60 crore as compared to Rs 325.20 crore for the same period in the previous year. Total income of the company increased 24.34% at Rs 2,190.10 crore for year under review as compared to Rs 1,761.36 crore for the period ended March 31, 2017.
