Gujarat Mineral Development Corporation's Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Gujarat Mineral Development Corporation Ltd reported a 7.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 11.4%.
- Its expenses for the quarter were up by 4.3% QoQ and down 14.8% YoY.
- The net profit decreased 71.4% QoQ and decreased 9.9% YoY.
- The earnings per share (EPS) of Gujarat Mineral Development Corporation Ltd stood at 4.18 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 680.45 | 635.76 | 767.92 | 7.0% | -11.4% |
Total Expenses | 501.11 | 480.49 | 588.26 | 4.3% | -14.8% |
Profit Before Tax | 179.34 | 629.70 | 179.66 | -71.5% | -0.2% |
Tax | 46.36 | 163.59 | 31.63 | -71.7% | 46.6% |
Profit After Tax | 133.06 | 465.75 | 147.66 | -71.4% | -9.9% |
Earnings Per Share | 4.18 | 14.65 | 4.64 | -71.5% | -9.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gujarat Mineral Development Corporation Ltd (GMDC) is a prominent player in the mining industry, primarily engaged in the exploration and extraction of minerals. The company specializes in lignite, bauxite, fluorspar, and manganese. GMDC also operates in the power sector, leveraging its lignite resources for electricity generation. As a state-owned enterprise, it plays a vital role in Gujarat's industrial landscape. Recent developments include initiatives to expand mineral production and enhance power generation capabilities, aligning with regional energy needs and industrial growth. However, specific recent projects or strategic moves by the company are not detailed in the available data.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Gujarat Mineral Development Corporation Ltd reported a total income of ₹680.45 crores. This represents a sequential increase of 7.0% from ₹635.76 crores in the previous quarter (Q2FY26). However, when compared to the same period last year (Q3FY25), there is a noticeable decline of 11.4% from ₹767.92 crores. The quarter-over-quarter growth suggests an uptick in the company's revenue generation capabilities, whereas the year-over-year decrease indicates a relative contraction in income compared to the previous year.
Profitability
The profit before tax (PBT) for Q3FY26 stood at ₹179.34 crores, which is significantly lower than the previous quarter's ₹629.70 crores, marking a decline of 71.5%. Year-over-year, this figure remains relatively stable, with a marginal decrease of 0.2% from ₹179.66 crores in Q3FY25. The tax expenses for the quarter were ₹46.36 crores, reflecting a substantial reduction of 71.7% from the previous quarter's ₹163.59 crores, yet a 46.6% increase from ₹31.63 crores in Q3FY25. Profit after tax (PAT) was ₹133.06 crores, a decrease of 71.4% quarter-over-quarter and 9.9% year-over-year from ₹465.75 crores and ₹147.66 crores, respectively. Earnings per share (EPS) mirrored the PAT trend, recording ₹4.18, down from ₹14.65 in Q2FY26 and ₹4.64 in Q3FY25.
Operating Metrics
Total expenses for Q3FY26 were reported at ₹501.11 crores, which is a 4.3% increase from Q2FY26's ₹480.49 crores but a 14.8% decrease from Q3FY25's ₹588.26 crores. This reduction year-over-year could suggest cost management or variance in operational scale. The profitability metrics, including PBT and PAT, show significant quarter-over-quarter declines, aligning with increased expenses and reduced income. The earnings per share (EPS) decreased both quarter-over-quarter and year-over-year, reflecting the impact on shareholder value amidst fluctuating revenues and expenses. The data does not provide specific details on operational drivers or segment-specific performance.