Gujarat Mineral Development Corporation Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 01, 2023 at 10:10 am EDT
Gujarat Mineral Development Corporation Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 3,827.36 million compared to INR 5,389.16 million a year ago. Revenue was INR 4,597.41 million compared to INR 5,914.56 million a year ago. Net income was INR 745.87 million compared to INR 1,512.21 million a year ago. Basic earnings per share from continuing operations was INR 2.35 compared to INR 4.76 a year ago. Diluted earnings per share from continuing operations was INR 2.35 compared to INR 4.76 a year ago.
For the six months, sales was INR 11,483.39 million compared to INR 16,942.81 million a year ago. Revenue was INR 12,865.09 million compared to INR 17,945.14 million a year ago. Net income was INR 2,932.89 million compared to INR 4,961.67 million a year ago. Basic earnings per share from continuing operations was INR 9.22 compared to INR 15.6 a year ago. Diluted earnings per share from continuing operations was INR 9.22 compared to INR 15.6 a year ago.