 "Coal mines, Coal")
Gujarat Mineral Development Corporation (GMDC) surged 16% to Rs 145, also its 52-week high on BSE in early morning trade, after the company more than doubled its standalone net profit at Rs 90 crore for the quarter ended March 2017 (Q4FY17). The mining company had profit of Rs 40 crore in the same quarter year ago.
Total income from operations during the quarter under review rose 49% to Rs 525 crore against Rs 353 crore in the corresponding quarter of previous fiscal.
The consolidated net profit for the financial year 2016-17 (FY17) has increased 48% to Rs 324
Total income from operations during the quarter under review rose 49% to Rs 525 crore against Rs 353 crore in the corresponding quarter of previous fiscal.
The consolidated net profit for the financial year 2016-17 (FY17) has increased 48% to Rs 324
