Key Financial Figures - Standalone (₹ in Crore)
Quarter Ended September 30, 2026:
- Total Income from Operations (net): ₹902.97
- Net Profit before tax (after exceptional items): ₹234.60
- Net Profit after tax (after exceptional items): ₹171.23
- Total Comprehensive Income: ₹167.46
- EPS Basic: ₹5.38
- EPS Diluted: ₹5.38
Quarter Ended June 30, 2026:
- Total Income from Operations (net): ₹906.64
- Net Profit before tax (after exceptional items): ₹227.25
- Net Profit after tax (after exceptional items): ₹163.01
- Total Comprehensive Income: ₹156.53
- EPS Basic: ₹5.13
- EPS Diluted: ₹5.13
Half Year Ended September 30, 2026:
- Total Income from Operations (net): ₹1,809.61
- Net Profit before tax (after exceptional items): ₹461.85
- Net Profit after tax (after exceptional items): ₹334.24
- Total Comprehensive Income: ₹323.99
- EPS Basic: ₹10.51
- EPS Diluted: ₹10.51
Key Financial Figures - Consolidated (₹ in Crore)
Quarter Ended September 30, 2026:
- Total Income from Operations (net): ₹902.97
- Net Profit after tax (after exceptional items): ₹170.79
- Total Comprehensive Income: ₹167.02
- EPS Basic: ₹5.37
- EPS Diluted: ₹5.37
Half Year Ended September 30, 2026:
- Total Income from Operations (net): ₹1,809.61
- Net Profit after tax (after exceptional items): ₹334.22
- Total Comprehensive Income: ₹323.97
- EPS Basic: ₹10.51
- EPS Diluted: ₹10.51
Exceptional Items
The company recognized an exceptional credit of ₹474.43 crore in Q2 FY26 due to changes in GST rates on lignite supply from 5% to 18% with removal of compensation cess, making the company eligible to utilize GST Input Credit of ₹474.43 crore which was previously expensed out.
Segment Performance - Standalone
Mining Segment:
- Q2 Revenue: ₹809.90 crore
- Q2 Operating Results: ₹194.26 crore
- Segment Assets: ₹4,268.67 crore
Power Segment:
- Q2 Revenue: ₹135.97 crore
- Q2 Operating Results: ₹8.70 crore
- Segment Assets: ₹1,199.29 crore
Capital Structure
- Equity Share Capital: ₹63.60 crore (unchanged)
- Standalone Reserves: ₹7,026.86 crore (vs ₹7,004.97 crore as of March 31, 2026)
- Consolidated Reserves: ₹7,031.01 crore (vs ₹7,009.14 crore as of March 31, 2026)
Corporate Actions
Pursuant to the Composite Scheme of Amalgamation and Arrangement sanctioned by MCA on April 8, 2026 (effective from filing with RoC, Ahmedabad on May 1, 2026):
- Company's investment in Gujarat State Petroleum Corporation Limited (GSPC) stood extinguished
- Received 10 equity shares of ₹2 each of Gujarat Energy Limited (GEL) for every 305 shares held in GSPC on Record Date of May 12, 2026
- Allotted 1 equity share of ₹10 each of GSPL Transmission Limited (GTL) for every 3 shares held in GEL on July 12, 2026
Associates and Joint Ventures
Consolidated results include share of net profit/(loss) after tax of (₹0.44 crore) for the quarter and (₹0.02 crore) for half year ended September 30, 2026 from:
- Naini Coal Co. Ltd (Joint Venture)
- Swarnim Gujarat Fluorspar Pvt Ltd. (Joint Venture)
- Gujarat Jaypee Cement and Infra Ltd. (Associate Company)
- Gujarat Credo Mineral Industrial Ltd. (Associate Company)
- Aikya Chemical Pvt. Ltd. (Associate Company)
Cash Flow - Standalone (Half Year)
- Cash from Operating Activities: ₹671.88 crore
- Cash used in Investing Activities: ₹(259.54) crore
- Cash used in Financing Activities: ₹(278.50) crore
- Net increase in Cash: ₹133.84 crore
Balance Sheet Position - Standalone
As of September 30, 2026:
- Total Assets: ₹9,105.62 crore
- Total Equity: ₹7,090.46 crore
- Total Liabilities: ₹2,015.16 crore
Additional Information
- Meeting commenced at 10:00 AM and concluded at 12:10 PM
- Results available on company website: www.gmdcltd.com
- Full format of financial results available on stock exchange websites