Gujarat Mineral Development (GMDCLTD) Q1 26/27 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, were approved by the Board on July 31, 2026.

• A Memorandum of Understanding was approved with Gujarat Narmada Valley Fertilizers & Chemicals Limited to jointly explore coal-to-chemicals opportunities.

Financial highlights

• Standalone total income from operations rose to ₹906.64 crore, up from ₹732.60 crore year-over-year and ₹814.05 crore sequentially.

• Standalone net profit after tax was ₹163.01 crore, compared to ₹164.13 crore year-over-year and ₹221.18 crore sequentially.

• Consolidated net profit after tax was ₹163.43 crore, versus ₹163.77 crore year-over-year and ₹194.09 crore sequentially.

• Standalone EPS for the quarter was ₹5.13, compared to ₹5.16 year-over-year and ₹6.96 sequentially.

• Consolidated EPS for the quarter was ₹5.14, compared to ₹5.15 year-over-year and ₹6.10 sequentially.

Outlook and guidance

• The company is pursuing strategic transformation initiatives and new business opportunities in the coal-to-chemicals value chain.