Key Quantitative Figures
Standalone Financial Results (Quarter Ended June 30, 2026):
- Total Income: ₹982.79 crore
- Revenue from Operations: ₹906.64 crore
- Other Income: ₹76.15 crore
- Net Profit Before Tax: ₹227.25 crore
- Net Profit After Tax: ₹163.01 crore
- Total Comprehensive Income: ₹156.53 crore
- Basic EPS: ₹5.13
- Diluted EPS: ₹5.13
- Equity Share Capital: ₹63.60 crore
Consolidated Financial Results (Quarter Ended June 30, 2026):
- Total Income: ₹982.79 crore
- Revenue from Operations: ₹906.64 crore
- Other Income: ₹76.15 crore
- Net Profit After Tax: ₹163.43 crore
- Total Comprehensive Income: ₹156.95 crore
- Basic EPS: ₹5.14
Segment-wise Performance (Standalone):
- Mining Segment Operating Results: ₹208.07 crore
- Power Segment Operating Results: (₹6.00) crore loss
- Total Segment Operating Results: ₹202.07 crore
- Un-allocable Corporate Results: (₹50.94) crore
Dates of Action
- Board Meeting Date: July 31, 2026
- Meeting Duration: 11:00 AM to 1:10 PM
- Quarter Ended: June 30, 2026
Parties Involved
- Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) - MoU counterparty
- IREL(India) Limited - MoU counterparty
- Dhirubhai Shah & Co LLP - Statutory Auditors
- Joint Ventures: Naini Coal Company Limited, Swarnim Gujarat Flourspar Private Limited
- Associates: Gujarat Jaypee Cement and Infrastructure Limited, Gujarat Credo Mineral Industries Limited, Aikya Chemicals Private Limited
Strategic Developments
Memorandum of Understanding with GNFC:
Board approved execution of MoU with Gujarat Narmada Valley Fertilizers & Chemicals Limited to jointly evaluate opportunities across coal-to-chemicals value chain using gasification technologies, including Underground Coal Gasification (UCG).
Memorandum of Understanding with IREL(India) Limited:
Board approved execution of MoU with IREL(India) Limited to explore collaboration opportunities in Rare Earth Elements (REE) sector.
Corporate Actions
Pursuant to Composite Scheme of Amalgamation and Arrangement sanctioned by Ministry of Corporate Affairs on April 8, 2026 (effective from filing with RoC, Ahmedabad on May 1, 2026), the Company's investment in Gujarat State Petroleum Corporation Limited (GSPC) stood extinguished. On Record Date of May 12, 2026, the Company received 10 equity shares of ₹2 each of Gujarat Energy Limited (GEL) for every 305 shares held in GSPC. The Company shall also receive 1 equity share of ₹10 each of GSPL Transmission Limited (GTL) for every 3 shares held in GEL pursuant to demerger of gas transmission undertaking.
Auditor Review
The unaudited financial results were reviewed by Dhirubhai Shah & Co LLP, Chartered Accountants, who issued limited review reports confirming no material misstatements were found. The consolidated results include share of net profit after tax of ₹0.42 crore from associates and joint ventures.
Additional Information
Results are available on Company's website at www.gmdcltd.com. Corresponding figures of previous periods have been re-grouped/re-arranged/re-classified/restated and revised for comparability.