Gujarat Mineral Development Corporation Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 9,517.56 million compared to INR 10,572.8 million a year ago. Revenue was INR 11,885.21 million compared to INR 10,966.44 million a year ago.

Net income was INR 4,522.87 million compared to INR 2,179.19 million a year ago. Basic earnings per share from continuing operations was INR 14.22 compared to INR 6.85 a year ago. Diluted earnings per share from continuing operations was INR 14.22 compared to INR 6.85 a year ago.