GMDC Q3 Results: Net profit falls 10% to ₹133 crore, revenue down 11%

State-owned Gujarat Mineral Development Corporation Ltd (GMDC) on Friday (February 13) reported a net profit of ₹133 crore in Q3 FY26, down 10% from ₹147.7 crore in the same period last year.

The company’s revenue decreased 11.3% to ₹579 crore from ₹653 crore in Q3 FY25. EBITDA increased 9.5% to ₹101.2 crore versus ₹92.4 crore a year ago. The EBITDA margin improved to 17.5% from 14.1% in the corresponding quarter of the previous year.

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Gujarat Mineral Development Corporation is one of India's leading mining and mineral processing companies. Shares of Gujarat Mineral Development Corporation Limited ended at ₹571.15, down by ₹20.00, or 3.38%, on the BSE.