GMDC reports strong FY2025 performance, expands mineral and renewable energy portfolios

GMDC reported a strong financial performance for FY2025 with revenue from operations reaching ₹2,850.84 crore, an increase from ₹2,462.88 crore in FY2024. Profit before tax (PBT) also saw growth, rising to ₹896.72 crore in FY2025 from ₹796.46 crore in FY2024. The company’s net profit for FY2025 was ₹687.86 crore, up from ₹595.70 crore in FY2024. A dividend of ₹10.10 per share (505%) has been proposed for FY2025.

The company's lignite business recorded significant improvement with sales volume increasing to 80.2 lakh MT in FY2025 from 63.7 lakh MT in FY2024. GMDC is expanding its mineral portfolio with six new lignite mines in development and a copper project in Ambaji, Gujarat. Total assets stood at ₹7,711.86 crore in FY2025, an increase from ₹7,326.14 crore in FY2024.

GMDC continues its strategic initiatives, including a strong focus on renewable energy, with 205.9 MW installed capacity for wind and solar power projects. The company also emphasizes corporate social responsibility, committing ₹25.5 crore for CSR initiatives in FY2025. The 62nd Annual General Meeting will be held on September 25, 2025, to discuss these results and future strategies.