
Gujarat Mineral Development Corporation Q2 FY27 Results Preview
GMDC trades near Rs 549, off a 52-week high of Rs 771.9. Q1 FY27 revenue was Rs 907 Cr with 21.06% operating margin and Rs 163 Cr net profit.
Updated: 17 Sept 2026 • 5:20 pm
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Track the latest Gujarat Mineral Development Corporation Ltd. share price on Univest alongside these quarterly numbers.
The Gujarat Mineral Development Corporation Q2 results for the quarter ending 30 September 2026 will be watched closely given the mining and minerals major has posted its strongest revenue quarter in the last five periods just before this one. Gujarat Mineral Development Corporation Ltd., a Gujarat government undertaking engaged mainly in lignite and other mineral mining, has seen both revenue and operating profit trend higher into the June 2026 quarter.
When Are the Gujarat Mineral Development Corporation Q2 results Expected?
The exact date for the Gujarat Mineral Development Corporation Q2 results has not yet been officially announced. As a public sector undertaking, Gujarat Mineral Development Corporation has typically reported quarterly results in late October or November, in line with its historical filing pattern, and investors should track exchange filings for the confirmed board meeting date.
What to Expect From the Gujarat Mineral Development Corporation Q2 results
Rather than a specific forecast, the Gujarat Mineral Development Corporation Q2 results should be read against a business where revenue climbed to Rs 907 crore in Jun26, its highest across the last five quarters, alongside an operating margin that recovered to 21.06% from 12.78% in Mar26. Whether this improved revenue and margin trend can be sustained into the September 2026 quarter is the main question heading into the Gujarat Mineral Development Corporation Q2 results, along with whether net profit, at Rs 163 crore in Jun26, can hold near that level without the kind of one-off boost seen in an earlier quarter.
Gujarat Mineral Development Corporation Q1 FY27 Performance: The Base Going Into the Gujarat Mineral Development Corporation Q2 results
In the quarter ended June 2026, the first quarter of FY27, Gujarat Mineral Development Corporation Ltd. reported revenue of Rs 907 crore, operating profit of Rs 191 crore at a 21.06% margin, and net profit of Rs 163 crore. This is the strongest revenue print of the last five quarters and the immediate base for the Gujarat Mineral Development Corporation Q2 results.
Q2 FY26 Base Quarter for Year on Year Comparison
For year over year context ahead of the Gujarat Mineral Development Corporation Q2 results, the quarter ended September 2025 saw Gujarat Mineral Development Corporation report revenue of Rs 528 crore, operating profit of Rs 69 crore at a 13.00% margin, but a net profit of Rs 466 crore, far higher than the surrounding quarters would suggest. This Sep25 net profit figure appears to include a one-time or exceptional item, since operating profit for that quarter was actually the lowest of the five quarters shown at Rs 69 crore, while quarters before and after it, in the Rs 130 crore to Rs 195 crore range for net profit, look more representative of the underlying business. Because of this, the year on year comparison for the Gujarat Mineral Development Corporation Q2 results needs to be read carefully rather than taken at face value against the unusually high Sep25 net profit base.
Recent Quarterly Trend Heading Into the Gujarat Mineral Development Corporation Q2 results
Revenue moved from Rs 733 crore in Jun25 to Rs 528 crore in Sep25, Rs 579 crore in Dec25, Rs 814 crore in Mar26, and Rs 907 crore in Jun26, showing a clear recovery through the second half of the period. Operating margin ranged from 12.78% to 23.00% across these quarters, while net profit, aside from the Sep25 outlier of Rs 466 crore likely tied to an exceptional item, has generally sat in the Rs 130 crore to Rs 195 crore range. This underlying trend of rising revenue and a recovering margin is the key backdrop for the Gujarat Mineral Development Corporation Q2 results.
Key Factors to Watch Ahead of the Gujarat Mineral Development Corporation Q2 results
Lignite and mineral prices, along with production and dispatch volumes from the mines of the company, are the primary drivers of revenue and margin heading into the Gujarat Mineral Development Corporation Q2 results. Monsoon-related mining disruptions can affect a quarter that falls partly within the rainy season in parts of Gujarat, making dispatch volumes worth tracking. Given the unusual Sep25 net profit, any further one-off items, government dues, or provisions affecting the bottom line in the Gujarat Mineral Development Corporation Q2 results should also be read carefully rather than assumed to reflect core profitability.
Valuation Snapshot Ahead of the Gujarat Mineral Development Corporation Q2 results (Current Market Data)
As of the current session, Gujarat Mineral Development Corporation shares trade around Rs 549, below both the 50-day moving average of Rs 572.68 and the 200-day average of Rs 590.37, and off a 52-week high of Rs 771.9. The stock trades at a price to earnings multiple of about 30.6, a price to book ratio of 2.47, a return on equity of 4.22%, a very low debt to equity ratio of 0.04, and a dividend yield of 1.7%. These are present-day figures and not a forecast tied to the Gujarat Mineral Development Corporation Q2 results.
What to Watch in the Upcoming Gujarat Mineral Development Corporation Q2 results
Beyond the headline numbers, market participants will watch whether revenue can build further on the Jun26 level and whether net profit settles in a range consistent with recent operating quarters rather than repeating the kind of exceptional item seen in Sep25 when the Gujarat Mineral Development Corporation Q2 results are released. Commentary on production volumes and any new mining approvals will also be relevant.
Conclusion
The Gujarat Mineral Development Corporation Q2 results arrive at a point where revenue and operating margin have both improved meaningfully into Jun26, while the year-ago Sep25 quarter carries a net profit figure that looks inflated by a likely one-time item. The next print should offer a cleaner read on the underlying earnings trend once that exceptional item drops out of the year on year base.
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Also read – Cello World Q2 Results FY27 Preview
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Disclaimer: Univest Securities Private Limited is a SEBI-registered Research Analyst (Registration No. INH000013776). The figures and trends discussed in this article are based on publicly available historical financial data and current market data, and are presented for educational purposes only. Nothing in this article constitutes investment advice, a recommendation, or an offer to buy or sell any security. Investors should independently verify all data and consult a SEBI-registered advisor before making any investment decision. Investments in securities are subject to market risk.
Frequently Asked Questions on the Gujarat Mineral Development Corporation Q2 results
When will the Gujarat Mineral Development Corporation Q2 results be announced?
Gujarat Mineral Development Corporation has not yet announced an official date for the Gujarat Mineral Development Corporation Q2 results. Based on past patterns, the company typically reports in late October or during November.
Why was net profit unusually high in the September 2025 quarter?
Gujarat Mineral Development Corporation's net profit of Rs 466 crore in the September 2025 quarter appears to include a one-time or exceptional item, since operating profit that quarter was actually the lowest of the last five quarters, a point relevant to reading the Gujarat Mineral Development Corporation Q2 results.
What was Gujarat Mineral Development Corporation's revenue in the June 2026 quarter?
In the quarter ended June 2026, Gujarat Mineral Development Corporation reported revenue of Rs 907 crore, its highest of the last five quarters, with an operating margin of 21.06% and a net profit of Rs 163 crore, forming the base for the Gujarat Mineral Development Corporation Q2 results.
What is Gujarat Mineral Development Corporation's current valuation?
As of the latest session, Gujarat Mineral Development Corporation trades at a price to earnings ratio of about 30.6 and a price to book ratio of 2.47, with a return on equity of 4.22%, ahead of the Gujarat Mineral Development Corporation Q2 results.
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