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    GMDC Q4 results: Co reports net loss at Rs 185 crore

    Synopsis

    Consolidated income from operations of the company during January-March quarter increased to Rs 565.80 crore from Rs 412.02 core in the year-ago period, the filing said.

    Agencies
    The company said that its board has "recommended dividend of Rs 0.20 (10%) per equity share of Rs 2 each for financial year ended on March 31, 2021."
    NEW DELHI: (GMDC) on Tuesday reported consolidated net loss of Rs 184.63 crore for the quarter ended on March 31, 2021. However, the company had posted consolidated profit after tax (after exceptional items) of Rs 12.29 crore in the year-ago period, GMDC said in a filing to BSE.

    Consolidated income from operations of the company during January-March quarter increased to Rs 565.80 crore from Rs 412.02 core in the year-ago period, the filing said.

    The company said that its board has "recommended dividend of Rs 0.20 (10 per cent) per equity share of Rs 2 each for financial year ended on March 31, 2021."

    Did you Know?

    Stock score of Gujarat Mineral Development Corporation Ltd moved down by 1 in a month on a 10-point scale.

    View Latest Stock Report »

    GMDC is a state-owned minerals and lignite mining company based in Ahmedabad.
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