SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Gujarat Mineral Development reports 30% fall in Q1 net profit

31 Jul 2013 Evaluate

Gujarat Mineral Development Corporation has reported results for first quarter ended June 30, 2013.

The company has reported 30.40% fall in its net profit after tax at Rs 118.68 crore for the quarter as compared to Rs 170.52 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 20.85% at Rs 408.59 crore for quarter under review as compared to Rs 516.24 crore for the quarter ended June 30, 2012.

GMDC is engaged in business of mining and mineral processing. The company manufactures two grades of fluorspar namely acid and metallurgical. It owns two bauxite reserve located at Kutch and Jamnagar.

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..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×