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Gujarat Mineral Development Corporation zooms on turning black in Q4

26 Apr 2022 Evaluate

Gujarat Mineral Development Corporation is currently trading at Rs. 208.05, up by 4.70 points or 2.31% from its previous closing of Rs. 203.35 on the BSE.

The scrip opened at Rs. 212.50 and has touched a high and low of Rs. 217.80 and Rs. 207.00 respectively. So far 562296 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 228.50 on 07-Apr-2022 and a 52 week low of Rs. 54.20 on 26-Apr-2021.

Last one week high and low of the scrip stood at Rs. 217.80 and Rs. 197.80 respectively. The current market cap of the company is Rs. 6617.58 crore.

The promoters holding in the company stood at 74.00%, while Institutions and Non-Institutions held 5.64% and 20.36% respectively.

Gujarat Mineral Development Corporation (GMDC) has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net profit of Rs 175.79 crore for the quarter under review as compared net loss of Rs 185.24 crore for the same quarter in the previous year. Total income of the company increased by 80.40% at Rs 1,096.93 crore for Q4FY22 as compared Rs 608.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 176.99 crore for the quarter under review as compared to net loss of Rs 184.64 crore for the same quarter in the previous year. Total income of the company increased by 80.31% at Rs 1,096.97 crore for Q4FY22 as compared Rs 608.37 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net profit of Rs 404.28 crore as compared to net loss of Rs 36.89 crore for the previous year. Total income of the company increased by 93.29% at Rs 2,887.59 crore for year under review as compared to Rs 1,493.92 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net profit of Rs 404.97 crore as compared to net loss of Rs 35.77 crore for the previous year. Total income of the company increased by 93.16% at Rs 2,888.87 crore for year under review as compared to Rs 1,495.57 crore for year ended March 31, 2021.

GMDC Share Price

733.40 -13.60 (-1.82%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 438.70
NMDC 89.78
GMDC 733.40
Sandur Manganese 218.35
MOIL 327.60
View more..

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