Results Wednesday, June 11, 2008 18:34 Hrs IST

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Gujarat Mineral Development Corporation net profit rises 28.25% in the March 2008 quarter

Sales rise 73.84% to Rs 322.43 crore

Net profit of Gujarat Mineral Development Corporation rose 28.25% to Rs 63.69 crore in the quarter ended March 2008 as against Rs 49.66 crore during the previous quarter ended March 2007. Sales rose 73.84% to Rs 322.43 crore in the quarter ended March 2008 as against Rs 185.47 crore during the previous quarter ended March 2007.

For the full year, net profit rose 179.38% to Rs 263.93 crore in the year ended March 2008 as against Rs 94.47 crore during the previous year ended March 2007. Sales rose 66.51% to Rs 980.66 crore in the year ended March 2008 as against Rs 588.96 crore during the previous year ended March 2007.

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