Saturday, July 25, 2026
Live
Welcome to Whispers in the Corridors — Politcs. Bureaucracy. Corporate Fresh stories from the corridors of power, delivered daily.
Bureaucracy

A record GMDC’s performance in FY 21-22

1. Annual Profit for FY 21-22 at Rs. 736 Cr is second highest in the life of the company (Annual Loss for FY 20-21 was Rs. -348 Cr.). 2. The Annual Revenue from operations at Rs. 2,732 Cr. was highest ever (104% rise from Rs. 1,339 Cr. in FY 20-21). 3. Net Worth rose to Rs. 4,731 Cr. (17% rise from

By Whispers in the Corridors 1 min read
A record GMDC’s performance in FY 21-22

1. Annual Profit for FY 21-22 at Rs. 736 Cr is second highest in the life of the company (Annual Loss for FY 20-21 was Rs. -348 Cr.).

2. The Annual Revenue from operations at Rs. 2,732 Cr. was highest ever (104% rise from Rs. 1,339 Cr. in FY 20-21).

3. Net Worth rose to Rs. 4,731 Cr. (17% rise from Rs. 4,032 Cr in FY 20-21).

4. Market Capitalisation rose to Rs. 6,084 Cr. (246% rise over Rs. 1,757 Cr in FY 20-21).

5. Lignite Production rose to 85.52 Lakh MT (34% rise over 60.04 Lakh MT in FY 20-21).

6. Highest Dividend at 215% with a contribution of Rs. 101 Cr to State Government.

Dr Rajiv Kumar Gupta ACS Industries and Mines  is the Chairman of the GMDC while Roopwant Singh Aulakh is the MD of the Gujarat Mineral Development Corporation ( GMDC).

Share

Comments (0)

Comments are moderated before they appear.

No comments yet. Be the first.