Gujarat Mineral Development Corporation Limited (GMDCLTD) Board Meeting — Revenue ₹1,467.3 Cr

Revenue: ₹1,467.3 CrNet Profit: ₹215.11 Cr

📢 Key Event
Board approved audited FY2025-26 results with ₹9.50 dividend recommendation

🔄 What Changed
₹492.63 crore ITC asset recognized; ₹73.02 crore liability from labour law consolidation; ₹26.56 crore derecognition loss

🔮 What's Next
No forward guidance provided

💡 Investor Takeaway
Shareholders receive a high dividend payout amid tax recoveries and regulatory adjustments, though labour liabilities pose near-term risk.

Gujarat Mineral Development Corporation Limited reported audited consolidated results for FY 2025-26, showing total segment revenue of ₹856.02 crores and total segment profit before tax of ₹130.52 crores, with a recommended dividend of ₹9.50 per share (475%). The board approved the financials following a meeting on 14 May 2026, which included recognition of a ₹492.63 crore input tax credit asset and reversal of prior write-offs as exceptional items, alongside a ₹73.02 crore liability from consolidated labour law changes. The auditor issued an unmodified opinion, confirming compliance with SEBI LODR and Ind AS.

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