Indian miner GMDC down after Q1 profit drop

Gujarat Mineral Development

28/07/2025 05:44

** Shares of India's Gujarat Mineral Development Corporation GMDC.NS down 2.2% to 425 rupees

** State-owned miner reported 11% Y/Y decline in Q1 consol net PAT, 10.5% drop in total income from ops

** Stock on track for third straight session of losses

** YTD stock up 31%

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))