Gujarat Mineral Development Corporation consolidated net profit rises 22.52% in the March 2015 quarter

Sales decline 11.66% to Rs 400.48 crore

Net profit of Gujarat Mineral Development Corporation rose 22.52% to Rs 234.95 crore in the quarter ended March 2015 as against Rs 191.77 crore during the previous quarter ended March 2014. Sales declined 11.66% to Rs 400.48 crore in the quarter ended March 2015 as against Rs 453.34 crore during the previous quarter ended March 2014.

For the full year,net profit rose 13.95% to Rs 500.32 crore in the year ended March 2015 as against Rs 439.08 crore during the previous year ended March 2014. Sales rose 10.02% to Rs 1418.88 crore in the year ended March 2015 as against Rs 1289.67 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales400.48453.34 -12 1418.881289.67 10 OPM %31.6254.10 -36.8147.83 - PBDT170.97277.74 -38 663.97754.11 -12 PBT123.23245.30 -50 526.70629.54 -16 NP234.95191.77 23 500.32439.08 14

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