GMDC Q1 FY27 Results: Revenue ₹906.64 Cr, PAT ₹163.01 Cr

Gujarat Mineral Development Corporation Ltd (GMDC) announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a total income from operations of ₹906.64 crore, a slight increase from ₹732.60 crore in the same quarter last year. Net profit after tax stood at ₹163.01 crore for the standalone entity, compared to ₹164.13 crore in the prior year's quarter. Consolidated net profit after tax was ₹163.43 crore. The Board also approved MoUs with Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) for coal-to-chemicals value chain opportunities and with IREL(India) Limited to explore collaboration in the Rare Earth Elements sector. The Board meeting commenced at 11:00 AM and concluded at 1:10 PM.