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    HomeNewsBusinessEarningsGMDC Q2 net rises 10% to Rs 73 cr

    GMDC Q2 net rises 10% to Rs 73 cr

    The company had posted a net profit of Rs 66 crore in the corresponding quarter of previous fiscal, it said in a filing to BSE.

    December 14, 2016 / 08:47 IST
       
       
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      Gujarat Mineral Development Corporation (GMDC) posted 10 percent increase in standalone net profit at Rs 72.8 crore for the quarter ended September 30, 2016.

      The company had posted a net profit of Rs 66 crore in the corresponding quarter of previous fiscal, it said in a filing to BSE.

      Total income from operations declined to Rs 247.7 crore, over Rs 253.7 crore in the year-ago period.

      The total expenses of the company duirng the July-September quarter increased marginally to Rs 215.5 crore, over Rs 213.7 crore in the year-ago period.

      first published: Dec 14, 2016 08:38 am

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