Gujarat Mineral Development Corporation net profit declines 26.67% in the December 2013 quarter

Sales decline 17.65% to Rs 290.99 crore

Net profit of Gujarat Mineral Development Corporation declined 26.67% to Rs 82.30 crore in the quarter ended December 2013 as against Rs 112.23 crore during the previous quarter ended December 2012. Sales declined 17.65% to Rs 290.99 crore in the quarter ended December 2013 as against Rs 353.37 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales290.99353.37 -18 OPM %42.6949.81 -PBDT163.87215.71 -24 PBT131.73186.11 -29 NP82.30112.23 -27

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