Results     31-May-11
Announcements
Gujarat Mineral Development Corporation net profit rises 24.54% in the March 2011 quarter
Sales rise 34.01% to Rs 463.42 crore
Net profit of Gujarat Mineral Development Corporation rose 24.54% to Rs 112.70 crore in the quarter ended March 2011 as against Rs 90.49 crore during the previous quarter ended March 2010. Sales rose 34.01% to Rs 463.42 crore in the quarter ended March 2011 as against Rs 345.82 crore during the previous quarter ended March 2010.

For the audited full year, net profit rose 33.91% to Rs 374.76 crore in the year ended March 2011 as against Rs 279.87 crore during the previous year ended March 2010. Sales rose 32.82% to Rs 1414.79 crore in the year ended March 2011 as against Rs 1065.22 crore during the previous year ended March 2010.

ParticularsQuarter EndedYear Ended
 Mar. 2011Mar. 2010% Var.Mar. 2011Mar. 2010% Var.
Sales463.42345.82 34 1414.791065.22 33
OPM %43.9645.60 -4 46.2345.25 2
PBDT220.83160.67 37 677.56492.24 38
PBT191.42129.05 48 584.60406.09 44
NP112.7090.49 25 374.76279.87 34

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