Gujarat Mineral Development Corporation Limited (NSE:GMDCLTD)
India · Delayed Price · Currency is INR 561.00
-1.95 (-0.35%)
Jul 24, 2026, 3:29 PM IST
Gujarat Mineral Development Corporation Earnings Call Transcripts
Fiscal Year 2025
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Lignite and coal mine expansions are on track, with significant volume growth expected from FY27. Revenue and profit grew strongly in FY24, and management remains committed to ambitious 2030 targets, supported by robust CapEx plans and new ventures in copper and rare earths.
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Management targets 4x revenue growth by 2030, driven by lignite, coal, and critical minerals, with over INR 3,000 crore annual CapEx and a focus on operationalizing new coal blocks and rare earth projects. Lignite margins remain above 30%, and Akrimota plant turnaround is expected by year-end.