New Delhi, May 15 — Gujarat Mineral Development Corporation (GMDC), a state-owned enterprise, has reported a consolidated net profit of ₹226.22 crore for the fourth quarter ended March 31, 2025, marking a 20.8% year-on-year increase.
The company had posted a consolidated profit of ₹187.24 crore during the same quarter last year.
Revenue and Expense Overview
GMDC's consolidated income for Q4 FY25 rose to ₹904.33 crore, up from ₹822.04 crore in the corresponding period of the previous fiscal. Total expenses also increased, reaching ₹619.44 crore compared to ₹585.02 crore in the same quarter last year.
Company Profile
GMDC is India’s second-largest lignite producer. Beyond lignite, the company is actively engaged in the exploration of a diverse range of minerals, including bauxite, fluorspar, manganese, silica sand, limestone, bentonite, and ball clay. It also has a growing footprint in the energy and renewable energy sectors.
