Gujarat Mineral Development Corporation (GMDC) has submitted its Unaudited Financial Results for the Quarter and Nine Months ended December 31, 2025. The results were reviewed by the Audit Committee and approved by the Board on February 13, 2026. Standalone Net Profit for the quarter stood at ₹135.15 Crore, while Consolidated Net Profit reached ₹133.06 Crore. The results detail performance across both standalone and consolidated bases, highlighting exceptional item adjustments related to GST changes.
GMDC Releases Q3 FY26 Financial Performance
Gujarat Mineral Development Corporation Limited announced the submission of its Unaudited Financial Results for the third quarter (Q3) and nine months ended December 31, 2025. The financial statements, encompassing both Standalone and Consolidated figures, received approval from the Board of Directors during their meeting held on February 13, 2026.
Key Standalone Financial Highlights (Q3 Ended Dec 31, 2025)
The standalone performance for the quarter ending December 31, 2025, showed:
- Total Income from Operations (net): ₹579.15 Crore.
- Net Profit for the period after tax: ₹135.15 Crore.
- Total Comprehensive Income: ₹109.44 Crore.
- Basic and Diluted Earnings Per Share (EPS): ₹4.25.
Consolidated Financial Snapshot (Q3 Ended Dec 31, 2025)
On a consolidated basis, including subsidiaries and joint ventures, the figures for the quarter were:
- Total Income from Operations (net): ₹579.15 Crore (matching standalone income).
- Net Profit for the period after tax: ₹133.06 Crore.
- Total Comprehensive Income: ₹107.35 Crore.
- Basic and Diluted Earnings Per Share (EPS): ₹4.18.
Performance Over Nine Months Ended December 31, 2025
Reviewing the cumulative performance for the first nine months of the fiscal year:
- Standalone Net Profit After Tax: ₹769.63 Crore.
- Consolidated Net Profit After Tax: ₹762.58 Crore.
Segment Performance Overview (Standalone)
The segment reporting highlights the performance of the core business areas:
- Mining Revenue: ₹1,733.25 Crore for the nine-month period, generating operating results of ₹397.36 Crore before unallocable items.
- Power Revenue: Generated ₹134.07 Crore in revenue over nine months, resulting in an operating loss of (₹38.63 Crore).
Note on Exceptional Items
Management drew specific attention to Note 2 (Standalone) and Note 3 (Consolidated) detailing exceptional items. This relates to the recent changes in GST rates effective September 22, 2025, on lignite supply. Consequently, the Company recognized a GST Input Credit asset of ₹474.43 Crore in Q2 FY 26, which was credited as an exceptional item to the Profit and Loss Statement, reflecting a revised realization estimate.
Source: BSE
