Gujarat Mineral Development Corporation has reported results for second quarter ended September 30, 2022.
The company has reported over 3-fold jump in its net profit at Rs 150.60 crore for Q2FY23 as compared to Rs 41.13 crore for the corresponding quarter previous year. Total income of the company increased by 19.71% to Rs 591.71 crore for the quarter under review as compared to Rs 494.30 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported over 3-fold jump in its net profit at Rs 151.22 crore for the quarter under review as compared to Rs 40.46 crore for the same quarter in the previous year. Total income of the company increased by 19.56% to Rs 591.46 crore for the quarter under review as compared to Rs 494.71 crore for the same quarter in the previous year.
