
Dividend21 Oct 2026, 07:20 pm
GMDC Presents ₹223.55 Crore Dividend to Gujarat Govt
AI Summary
Gujarat Mineral Development Corporation Limited (GMDC) has presented a dividend cheque of ₹223.55 crore to the Government of Gujarat, representing its share of the final dividend for FY 2025-26. The dividend of ₹9.50 per equity share (475%) results in a total payout of ₹302.10 crore to shareholders. This payout is in line with GMDC's progressive dividend policy and reflects a standalone profit after tax of ₹990.81 crore for FY 2025-26. Over the last five financial years, GMDC's dividends to the Government of Gujarat have exceeded ₹1,050 crore. The company is focused on strengthening its lignite business, advancing coal and critical mineral projects, and expanding its renewable energy capacity.
Key Highlights
- GMDC declares final dividend of ₹9.50 per share (475%) for FY 2025-26.
- Total dividend payout amounts to ₹302.10 crore.
- Government of Gujarat to receive ₹223.55 crore, holding 74% equity.
- FY 2025-26 standalone profit after tax was ₹990.81 crore.
- Total dividends to Gujarat Govt over five years exceed ₹1,050 crore.
Price Impact
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