Gujarat Mineral Development Corporation reported results for the fourth quarter and year ended March 31, 2013.
The company has reported a fall of 5.91% in its net profit at Rs 149.27 crore in Q4FY13 as compared to net profit of Rs 158.64 crore in the same quarter previous year. Total income from operation of the company has decreased by 15.00% to Rs 476.52 crore as compared to Rs 560.61 crore in corresponding quarter last year.
On consolidated basis, The company has reported a fall of 5.86% in its net profit at Rs 149.27 crore in Q4FY13 as compared to net profit of Rs 158.56 crore in the same quarter previous year. Total income from operation of the company has decreased by 15.00% to Rs 476.52 crore as compared to Rs 560.61 crore in corresponding quarter last year.
For the year ended March 31, 2013, the company has registered 23.42% rise in its net profit at Rs 600.84 crore in FY13 as against Rs 486.83 crore in previous years. Total income from operation of the company has increased to Rs 1830.16 crore as compared to Rs 1703.93 crore in FY12, up by 7.41%.
On consolidated basis, for the full year ended March 31, 2013, the company has posted a 23.43% rise in its net profit at Rs 600.83 crore under year under review as compared to Rs 486.76 crore in FY12. Total income has increased by 7.41% at Rs 1830.16 crore for year under review as compared to Rs 1703.93 crore for the period ended March 31, 2012.
