[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"article-gmdc-reports-stellar-financial-results":3,"$fjnKX72BiLw-CiZZ5MQCs0a0C_bANyAZUVd6PqPzBgJg":30,"$fR4DoeVRVekscO3pYCsJIt6KjRPIynjtNlytHFj6IDMg":167,"$f-j9YGNBwRSSL7SH4JzUpRZrBt_Eb-enBkRymgC2HvJg":173,"$fx0Dz-WUAXgaGJDFKp5JoFihuourpw4oC0uNO6EDK9Y8":214,"$flyRSpjhyVE29pqjd-DzWtoRwNGPXrTq6WJDGSvhczcc":246},{"data":4},{"id":5,"title":6,"slug":7,"excerpt":8,"content":9,"imageUrl":10,"socialImageUrl":11,"publishedAt":12,"author":13,"category":14,"likes":15,"summary":16,"captionLinkedin":17,"captionTwitter":18,"captionInstagram":19,"seo":20,"prevPost":22,"nextPost":26},476,"GMDC Reports Stellar Financial Results","gmdc-reports-stellar-financial-results","Gujarat Mineral Development Corporation reports stellar FY23 results, showcasing a 28% jump in operating revenue and significant profit growth.","\u003Cfigure class=\"image align-left\">\u003Cimg src=\"https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002F1685515752_Roopwant Singh IAS Managing Director GMDC.JPG\" alt=\"\" \u002F>\r\n\u003Cfigcaption>\u003Cspan style=\"text-align: start\">Roopwant Singh, IAS, Managing Director, GMDC\u003C\u002Fspan>\u003C\u002Ffigcaption>\r\n\u003C\u002Ffigure>\r\n\u003Cp style=\"text-align: left\">Gujarat Mineral Development Corporation Ltd, a leading mining PSU Enterprise and the largest lignite seller in the country, has announced its financial results for the last quarter and full year ended on March 31, 2023. Total Income stood at INR 3,894 crore in FY23 as against INR 2,888 crore in FY22 (standalone), Revenues from operations were reported at INR 3,502 crore as compared to INR 2,732 crore in FY22; up by 28%, and EBITDA stood at INR 1,557 crore in FY23, as against INR 834 crore in FY22. The company’s core EBITDA margin stood at 42 percent, and Profit Before Tax (PBT) stood at INR 1,657 crore for FY23 as compared to INR 736 crore in FY22. The company’s PBT margin stood at 42 percent and Profit After Tax (PAT) stood at INR 1,212 crore in FY23 as against INR 445 crore in FY22. The company’s PAT margin stood at 31 percent. Earnings per share (EPS) for FY23 stood at INR 38 (Face Value INR 2 per share). \u003C\u002Fp>\r\n\u003Cp>For Q4 FY23 (YoY), Total Income stood at INR 1,188 crore as against INR 1,097 crore in Q4 FY22 and Revenue from Operations stood at INR 952 crore as against INR 1057 crore in Q4 FY22. EBITDA reported was INR 456 crore as compared to INR 459 crore in Q4 FY22. PBT stands at INR 617 crore as against INR 423 crore in Q4 FY22, and PAT reported was at INR 451 crore as against INR 175 crore in Q4 FY22. EPS stands at INR 14.17 (Face Value INR 2 per share).\u003C\u002Fp>\r\n\u003Cp>Total production across all mines during FY23 was 78.21 lakh MT, compared to 89.47 lakhs MT in FY22. In the power segment, total MUs generated were 1,142 MU in FY23 as against 923 MU in FY22, showing a growth of 24 percent.  \u003C\u002Fp>\r\n\u003Cp>Roopwant Singh, IAS, Managing Director, GMDC, commented, “We take immense pride in announcing that GMDC has achieved exceptional financial performance in the fourth quarter. This remarkable achievement is a testament to our team’s dedication and unwavering commitment. In recognition of our record financial performance this year and as a token of appreciation to our valued shareholders, we are delighted to announce the declaration of a dividend. We understand your trust and confidence in us, and we remain dedicated to maximizing returns and creating sustainable growth. We are committed to maintaining our momentum by further enhancing shareholder value in the future and will continue to drive innovation, expand our market presence, and create long-term value for all stakeholders.”   \u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong >www.gmdcltd.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002FNv5sp8bDYyyzqbx2IokA.jpg","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJune2023\u002FNv5sp8bDYyyzqbx2IokA.jpg","2023-06-11T09:09:40+05:30","MWM Desk","News",0,"GMDC reported a strong FY23 standalone income of INR 3,894 crore, marking a significant increase from the previous fiscal year.\nProfit After Tax (PAT) witnessed a substantial rise to INR 1,212 crore in FY23, compared to INR 445 crore in FY22.\nPower generation saw a notable 24% growth, reaching 1,142 MU during the fiscal year.","Gujarat Mineral Development Corporation Ltd (GMDC) has announced exceptional financial results for FY23, demonstrating robust operational strength and fiscal discipline. The leading mining PSU reported an impressive 28% increase in operating revenue, reaching INR 3,502 crore. With a PAT of INR 1,212 crore and a core EBITDA margin of 42%, the organization continues to reinforce its position as a dominant player in the Indian mining sector. MD Roopwant Singh, IAS, attributed this success to team dedication and a commitment to shareholder value, further underscored by the announcement of a dividend. As GMDC focuses on market expansion and innovation, these results signal a strong trajectory for the company’s future in the energy and mining landscape. #GMDC #MiningIndustry #FinancialResults","Major growth for GMDC! The mining giant reports a 28% revenue increase and stellar FY23 financial results, with PAT hitting INR 1,212 crore. A strong testament to operational excellence and shareholder commitment. #GMDC #MiningNews","Big news from the mining sector! 📈 GMDC just released their FY23 financial results, and the numbers are impressive. With a 28% surge in operating revenue and a PAT of INR 1,212 crore, they are hitting new milestones! 🚀 MD Roopwant Singh credits this success to the team's hard work and dedication to building long-term shareholder value. It’s a great time for the company as they continue to innovate and expand their footprint in the energy industry. Cheers to a record-breaking year! 🥂✨ #GMDC #MiningNews #FinancialGrowth #BusinessUpdate #IndianPSU #GrowthMindset #CorporateSuccess",{"title":6,"description":8,"keywords":21},"gmdc, mining industry, financial results, lignite production, psu enterprise, corporate growth, annual report, gujarat mining, energy sector",{"title":23,"slug":24,"imageUrl":25},"3DEXPERIENCE Works Helps SFC India for Wastewater Treatment","3dexperience-works-helps-sfc-india-for-wastewater-treatment","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002F4kItAqTTcVzWMiirQYKj.jpg",{"title":27,"slug":28,"imageUrl":29},"KBL Launches KW-LC Pumps for HVAC","kbl-launches-kw-lc-pumps-for-hvac","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2023\u002Fp5M486NO6gJ23E07iiJD.jpg",{"data":31,"links":104,"meta":109},[32,38,44,50,56,62,68,74,80,86,92,98],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},"Evonith Steel Acquires 85 MW Power Plant in Maharashtra","evonith-steel-acquires-85-mw-power-plant-in-maharashtra","Evonith Steel completes the INR 232 Cr acquisition of an 85 MW power plant in Wardha. Discover how this strategic move drives growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fevonith-steel-acquires-85-mw-power-plant-in-maharashtra-nwBF5A.jpeg","2026-06-10T04:22:56+05:30",{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},"Kirloskar Pneumatic launches ‘Tonalli’, a Sustainable Waste-to-Energy Solution","kirloskar-pneumatic-launches-tonalli-a-sustainable-waste-to-energy-solution","Kirloskar Pneumatic launches Tonalli, a sustainable waste-to-energy solution converting organic food waste to biogas and fertilizer. Drive efficiency and compliance.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fkirloskar-pneumatic-launches-tonalli-a-sustainable-waste-to-energy-solution-vZaGuX.png","2026-06-10T04:14:35+05:30",{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},"Leadership in 2026 is About Collaboration, Not Control","leadership-in-2026-is-about-collaboration-not-control","Discover why Sanela Lundqvist of Sandvik Coromant believes modern manufacturing leadership is driven by collaboration, not rigid control.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fleadership-in-2026-is-about-collaboration-not-control-LxZQZw.jpg","2026-06-10T04:01:27+05:30",{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},"Covestro Showcases Advanced TPU Material Solutions to Drive AI Device Advancements","covestro-showcases-advanced-tpu-material-solutions-to-drive-ai-device-advancements","Discover how Covestro is revolutionizing the AI and robotics landscape with advanced, sustainable TPU material innovations.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fcovestro-showcases-advanced-tpu-material-solutions-to-drive-ai-device-advancements-uaU1bw.jpg","2026-06-10T03:40:38+05:30",{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},"Hindustan Zinc, TERI Partner for 250-Hectare Ecological Restoration Project in Rajasthan","hindustan-zinc-teri-partner-for-250-hectare-ecological-restoration-project-in-rajasthan","Hindustan Zinc and TERI launch a 250-hectare ecological restoration project in Rajasthan, setting a global benchmark for industrial sustainability and biodiversity.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fhindustan-zinc-teri-partner-for-250-hectare-ecological-restoration-project-in-rajasthan-kOlxSk.jpg","2026-06-10T03:22:00+05:30",{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},"ELGi Showcases Intelligent Compressed Air Solutions at INTEC 2026","elgi-showcases-intelligent-compressed-air-solutions-at-intec-2026","Discover how ELGi is revolutionizing industrial efficiency at INTEC 2026 with intelligent compressed air systems designed for sustainability.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Felgi-showcases-intelligent-compressed-air-solutions-at-intec-2026-IyGeIT.JPG","2026-06-10T03:09:05+05:30",{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},"Henkel Reaches Carbon-Neutral Manufacturing Milestone in India and Türkiye","henkel-reaches-carbon-neutral-manufacturing-milestone-in-india-and-turkiye","Henkel achieves carbon-neutral manufacturing at its Kurkumbh and Gebkim plants, marking a major milestone in its 2030 decarbonization strategy.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fhenkel-reaches-carbon-neutral-manufacturing-milestone-in-india-and-turkiye-mVPD9c.jpg","2026-06-10T01:49:12+05:30",{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},"IndoSpace Names Balkrishna Jha Vice President – Marketing","indospace-names-balkrishna-jha-vice-president-marketing","IndoSpace appoints Balkrishna Jha as VP of Marketing to accelerate brand strategy in India's booming logistics and industrial real estate sector.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Findospace-names-balkrishna-jha-vice-president-marketing-SNRJO7.png","2026-06-10T01:17:30+05:30",{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},"ABB Partners with Cochin Shipyard for India’s Green Tug Transition Program","abb-partners-with-cochin-shipyard-for-indias-green-tug-transition-program","ABB partners with Cochin Shipyard to power India's first electric tugs under the Green Tug Transition Programme. Discover more.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fabb-partners-with-cochin-shipyard-for-indias-green-tug-transition-program-rx5eZ3.jpg","2026-06-05T03:06:00+05:30",{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},"Vedanta Advances Low-Carbon Operations, Cuts Metals Emissions Intensity by 15% Since FY21","vedanta-advances-low-carbon-operations-cuts-metals-emissions-intensity-by-15-since-fy21","Vedanta Group cuts metals emissions intensity by 15% since FY21, showcasing progress in low-carbon operations and sustainable growth.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fvedanta-advances-low-carbon-operations-cuts-metals-emissions-intensity-by-15-since-fy21-bCufcL.jpeg","2026-06-05T02:59:24+05:30",{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},"JCBL South Manufactures 1,000 CSC Certified Containers for GE Vernova's US Renewable Energy Market  ","jcbl-south-manufactures-1000-csc-certified-containers-for-ge-vernovas-us-renewable-energy-market","JCBL South achieves a major milestone by delivering 1,000 CSC certified containers to GE Vernova, boosting US renewable energy infrastructure.","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJune2026\u002Fnews\u002Fjcbl-south-manufactures-1000-csc-certified-containers-for-ge-vernovas-us-renewable-energy-market-J5jERD.jpeg","2026-06-05T02:24:14+05:30",{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},"Lockheed Martin Unveils Advanced Interceptor Production Hub in Alabama","lockheed-martin-unveils-advanced-interceptor-production-hub-in-alabama","Lockheed Martin's new Alabama facility boosts US missile defense with advanced NGI production, leveraging digital manufacturing for rapid, high-quality 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#INTEC2026!","https:\u002F\u002Fwww.youtube.com\u002Fwatch?v=UmaRUgNu574","2026-06-09T12:27:42+05:30",{"first":180,"last":181,"prev":107,"next":182},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=1","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=997","https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=2",{"current_page":110,"from":110,"last_page":184,"links":185,"path":213,"per_page":110,"to":110,"total":184},997,[186,187,188,189,191,193,195,197,199,201,203,205,206,210,212],{"url":107,"label":114,"page":107,"active":115},{"url":180,"label":117,"page":110,"active":118},{"url":182,"label":120,"page":121,"active":115},{"url":190,"label":124,"page":125,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=3",{"url":192,"label":128,"page":129,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=4",{"url":194,"label":132,"page":133,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=5",{"url":196,"label":136,"page":137,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=6",{"url":198,"label":140,"page":141,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=7",{"url":200,"label":144,"page":145,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=8",{"url":202,"label":148,"page":149,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=9",{"url":204,"label":152,"page":153,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=10",{"url":107,"label":155,"active":115},{"url":207,"label":208,"page":209,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos?page=996","996",996,{"url":181,"label":211,"page":184,"active":115},"997",{"url":182,"label":163,"page":121,"active":115},"https:\u002F\u002Fdata.magicwandmedia.in\u002Fapi\u002Fvideos",{"data":215,"links":228,"meta":229},[216,217,218,219,220,221,222,223,224,225,226,227],{"title":33,"slug":34,"excerpt":35,"imageUrl":36,"publishedAt":37,"author":13,"category":14},{"title":39,"slug":40,"excerpt":41,"imageUrl":42,"publishedAt":43,"author":13,"category":14},{"title":45,"slug":46,"excerpt":47,"imageUrl":48,"publishedAt":49,"author":13,"category":14},{"title":51,"slug":52,"excerpt":53,"imageUrl":54,"publishedAt":55,"author":13,"category":14},{"title":57,"slug":58,"excerpt":59,"imageUrl":60,"publishedAt":61,"author":13,"category":14},{"title":63,"slug":64,"excerpt":65,"imageUrl":66,"publishedAt":67,"author":13,"category":14},{"title":69,"slug":70,"excerpt":71,"imageUrl":72,"publishedAt":73,"author":13,"category":14},{"title":75,"slug":76,"excerpt":77,"imageUrl":78,"publishedAt":79,"author":13,"category":14},{"title":81,"slug":82,"excerpt":83,"imageUrl":84,"publishedAt":85,"author":13,"category":14},{"title":87,"slug":88,"excerpt":89,"imageUrl":90,"publishedAt":91,"author":13,"category":14},{"title":93,"slug":94,"excerpt":95,"imageUrl":96,"publishedAt":97,"author":13,"category":14},{"title":99,"slug":100,"excerpt":101,"imageUrl":102,"publishedAt":103,"author":13,"category":14},{"first":105,"last":106,"prev":107,"next":108},{"current_page":110,"from":110,"last_page":111,"links":230,"path":164,"per_page":165,"to":165,"total":166},[231,232,233,234,235,236,237,238,239,240,241,242,243,244,245],{"url":107,"label":114,"page":107,"active":115},{"url":105,"label":117,"page":110,"active":118},{"url":108,"label":120,"page":121,"active":115},{"url":123,"label":124,"page":125,"active":115},{"url":127,"label":128,"page":129,"active":115},{"url":131,"label":132,"page":133,"active":115},{"url":135,"label":136,"page":137,"active":115},{"url":139,"label":140,"page":141,"active":115},{"url":143,"label":144,"page":145,"active":115},{"url":147,"label":148,"page":149,"active":115},{"url":151,"label":152,"page":153,"active":115},{"url":107,"label":155,"active":115},{"url":157,"label":158,"page":159,"active":115},{"url":106,"label":161,"page":111,"active":115},{"url":108,"label":163,"page":121,"active":115},{"id":107,"src":247,"path":169,"track_path":107,"alt":170,"raw":171,"ts":172},"\u002Fimages\u002Fassets\u002Fside_top.jpg"]