Gujarat Mineral Development Corp Ltd registers highest ever revenue; returns on track
By dint of unflagging energy and hard work made by Chairperson, Dr Rajiv Gupta and Managing Director Roopwant Singh in six months, Gujarat Mineral Development Corporation Ltd (GMDC) returned back on track with registering quarterly revenue of Rs. 762 cr (highest ever). The GMDC recorded third quarte
By dint of unflagging energy and hard work made by Chairperson, Dr Rajiv Gupta and Managing Director Roopwant Singh in six months, Gujarat Mineral Development Corporation Ltd (GMDC) returned back on track with registering quarterly revenue of Rs. 762 cr (highest ever). The GMDC recorded third quarter profit of Rs. 220 cr (highest ever), while market capitalization is registered at Rs. 3,814 crore in Jan 2022 (Rs.1,911 Cr. in Jan 2021). Comparison with 9 months revenue with previous FY: 117% Rise (Rs. 1,675 Cr. in 2022 against Rs. 773 Cr. in 2021); comparison of 9 months profitability with previous FY: Rs 313 crore in current years against Rs.1 crore in previous year.
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