Jammu Tawi: Gujarat Mineral Development Corporation Ltd, one of the leading Public Sector Enterprise in India in the mining sector has announced its financial results for the Q1FY25.
Commenting on the company’s financial performance, Roopwant SinghManaging Director, GMDC said, “Q1 FY25 proved to be a pivotal quarter for GMDC. Our hard work and strategic initiatives paid off with a remarkable revenue from operations. GMDC will continue to prioritize sustainable growth and strong partnerships to drive value for our shareholders and the communities we serve”.
GMDC is India’s second-largest Lignite-producing company and top merchant seller of Lignite. It is a State Public Undertaking of the Government of Gujarat. Company is engaged in mining lignite from deposit-rich areas across the state, company markets it to various high-growth industries, including textiles, chemicals, ceramics, bricks and captive power.
