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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Gujarat Mineral Development
Gujarat Mineral Development (GMDCLTD) investor relations material
Gujarat Mineral Development Q2 26/27 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 26/27 earnings summary30 Oct, 2026
Executive summary
Q2 FY27 revenue from operations was ₹902.97 crore, up from ₹527.58 crore YoY and slightly below ₹906.64 crore QoQ; net profit was ₹171.23 crore standalone and ₹170.79 crore consolidated.
Comparative Q2 FY26 earnings included a ₹474.43 crore exceptional GST input-credit benefit, making reported YoY net-profit comparisons less reflective of underlying operating performance.
Financial highlights
Standalone Q2 total income was ₹986.78 crore; PBT before exceptional items was ₹234.60 crore, versus ₹159.51 crore in Q2 FY26.
Standalone Q2 net profit was ₹171.23 crore versus ₹470.35 crore YoY; H1 net profit was ₹334.24 crore versus ₹634.48 crore.
Consolidated Q2 net profit was ₹170.79 crore versus ₹465.75 crore YoY; H1 net profit was ₹334.22 crore versus ₹629.52 crore.
H1 revenue from operations was ₹1,809.61 crore, versus ₹1,260.18 crore in H1 FY26.
Segment performance
Mining revenue was ₹809.90 crore in Q2 and mining operating results were ₹194.26 crore; Q2 FY26 comparatives were ₹494.78 crore and ₹108.60 crore, respectively.
Power revenue was ₹135.97 crore in Q2, with operating results of ₹8.70 crore; Q2 FY26 revenue was ₹39.83 crore and operating results were a ₹14.37 crore loss.
H1 segment revenue was ₹1,650.91 crore for Mining and ₹247.22 crore for Power, before ₹88.52 crore of inter-segment revenue.
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Latest events from Gujarat Mineral Development
- FY24 profit fell to ₹614 crore, but strong cash, zero debt, and major expansion drive future growth.GMDCLTD
Q4 23/24 - Income and profits rose year-over-year, with mining leading and new strategic initiatives underway.GMDCLTDQ1 26/27
- FY26 net profit surged to ₹956.67 crore on GST credits, with a 475% dividend recommended.GMDCLTDQ4 25/26
- Record 9M PBT and net profit driven by GST credit, with mining strong and power lagging.GMDCLTDQ3 25/26
- Exceptional GST input credit drove a sharp Q2 FY26 profit rise despite lower revenue.GMDCLTDQ2 25/26
- 4x revenue growth targeted by 2030, but Q1 margins and profits declined despite higher revenue.GMDCLTDQ1 24/25
- Record revenue and profit growth driven by mining; power segment hit by tariff cuts.GMDCLTDQ2 24/25
- Record revenue and profit growth driven by mining; power segment under pressure.GMDCLTDQ3 24/25
- FY25 saw record profit growth, a ₹10.10 dividend, and mining-led performance; power lagged.GMDCLTDQ4 24/25
Next Gujarat Mineral Development earnings date
Q3 26/2729 Jan, 2027
Gujarat Mineral Development
Next Gujarat Mineral Development earnings date
Q3 26/2729 Jan, 2027
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