Integrated Filing — IndAS

General information about company
Scrip Code	532181
NSE Symbol	GMDCLTD
MSEI Symbol	NOTLISTED
ISIN	INE131A01031
Name of company	GUJARAT MINERAL DEVELOPMENT CORPORATION LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	15-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	15-May-2025   11:00:00
End date and time of board meeting	15-May-2025   13:25:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Not applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	7862800000	28508400000
	Other income	1180500000	3547100000
	Total income	9043300000	32055500000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	89400000	130400000
(d)	Employee benefit expense	346900000	1511400000
(e)	Finance costs	900000	21800000
(f)	Depreciation, depletion and amortisation expense	266300000	953700000
(f)	Other Expenses
1	Royalties and other tax levies	1630400000	5429500000
2	Loading of lignite and overburden removal expenses	3420700000	11634000000
3	Other Expenses	439800000	3417000000
	Total other expenses	5490900000	20480500000
	Total expenses	6194400000	23097800000
3	Total profit before exceptional items and tax	2848900000	8957700000
4	Exceptional items	0	0
5	Total profit before tax	2848900000	8957700000
6	Tax expense
7	Current tax	519200000	2072000000
8	Deferred tax	69400000	16600000
9	Total tax expenses	588600000	2088600000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	2260300000	6869100000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	1900000	-11200000
16	Total profit (loss) for period	2262200000	6857900000
17	Other comprehensive income net of taxes	-1030600000	-698500000
18	Total Comprehensive Income for the period	1231600000	6159400000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	0	0
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	0	0
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	0	0
21	Details of equity share capital
	Paid-up equity share capital	636000000	636000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		60361400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	7.12	21.57
	Diluted earnings (loss) per share from continuing operations	7.12	21.57
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	7.12	21.57
	Diluted earnings (loss) per share from continuing and discontinued operations	7.12	21.57
24	Debt equity ratio	0.0002	0.0002
25	Debt service coverage ratio	1.127	1.8729
26	Interest service coverage ratio	4.1572	1.3194
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio	The Company has high net operating income relative to minimal debt obligations reflecting strong profitability and conservative use of debt financing
Interest service coverage ratio	The Company has high net operating income relative to minimal debt obligations reflecting strong profitability and conservative use of debt financing

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	9995600000
	Capital work-in-progress	5031100000
	Investment property	343900000
	Goodwill	0
	Other intangible assets	5190700000
	Intangible assets under development	2376700000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	205800000
	Non-current financial assets
	Non-current investments	4636700000
	Trade receivables, non-current	0
	Loans, non-current	61600000
	Other non-current financial assets	16405800000
	Total non-current financial assets	21104100000
	Deferred tax assets (net)	0
	Other non-current assets	8368200000
	Total non-current assets	52616100000
2	Current assets
	Inventories	913300000
	Current financial asset
	Current investments	0
	Trade receivables, current	849900000
	Cash and cash equivalents	1188600000
	Bank balance other than cash and cash equivalents	4638300000
	Loans, current	49200000
	Other current financial assets	14324000000
	Total current financial assets	21050000000
	Current tax assets (net)	221900000
	Other current assets	2695800000
	Total current assets	24881000000
3	Non-current assets classified as held for sale	7300000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	77504400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	636000000
	Other equity	63481400000
	Total equity attributable to owners of parent	64117400000
	Non controlling interest	0
	Total equity	64117400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1165800000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	288000000
	Total non-current financial liabilities	1453800000
	Provisions, non-current	6196800000
	Deferred tax liabilities (net)	395900000
	Deferred government grants, Non-current	0
	Other non-current liabilities	62800000
	Total non-current liabilities	8109300000
	Current liabilities
	Current financial liabilities
	Borrowings, current	62100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	93000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2263600000
	Total Trade payable	2356600000
	Other current financial liabilities	1880100000
	Total current financial liabilities	4298800000
	Other current liabilities	862700000
	Provisions, current	116200000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	5277700000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	13387000000
	Total equity and liabilites	77504400000
	Disclosure of notes on assets and liabilities	Textual Information(1)

Text Block
Textual Information(1)	1. Other Non-Current Financial Liabilities include Lease Liabilities of Rs. 3.37 Crores n2. Other Current Financial Liabilities include Lease Liabilities of Rs. 0.28 Crores

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Mininig	7606900000	27137600000
2	Power	255900000	1602800000
	Total Segment Revenue	7862800000	28740400000
	Less: Inter segment revenue	0	0
	Revenue from operations	7862800000	28508400000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Mininig	1719700000	6983400000
2	Power	-110100000	-191300000
	Total Profit before tax	1609600000	6792100000
	i. Finance cost	900000	900000
	ii. Other Unallocable Expenditure net off Unallocable income	-1240200000	-1240200000
	Profit before tax	2848900000	8957700000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Mininig	28720000000	28720000000
2	Power	11442600000	11442600000
	Total Segment Asset	40162600000	40162600000
	Un-allocable Assets	37341800000	37341800000
	Net Segment Asset	77504400000	77504400000
4	Segment Liabilities
	Segment Liabilities
1	Mininig	9101200000	9101200000
2	Power	709600000	709600000
	Total Segment Liabilities	9810800000	9810800000
	Un-allocable Liabilities	3576200000	3576200000
	Net Segment Liabilities	13387000000	13387000000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Changes in fair value of equity instruments measured at fair value through other comprehensive income ( FVTOCI)	-1135500000	-804800000
2	Remeasurement of post - employment benefit obligations	14000000	17400000
	Total Amount of items that will not be reclassified to profit and loss	-1121500000	-787400000
2	Income tax relating to items that will not be reclassified to profit or loss	-90900000	-88900000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-1030600000	-698500000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			8957700000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			21700000
	Adjustments for decrease (increase) in inventories			152000000
	Adjustments for decrease (increase) in trade receivables, current			137200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			1241900000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			52700000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-502000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			109900000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			953700000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			258000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-267600000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			123000000
	Adjustments for interest income			1763100000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-2600000
	Other adjustments for non-cash items			-602600000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-333800000
	Net cash flows from (used in) operations			8623900000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-1969800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			10593700000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			85200000
	Purchase of property, plant and equipment			6440200000
	Proceeds from sales of investment property			33500000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			123000000
	Interest received			1997800000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-3880600000
	Net cash flows from (used in) investing activities	-8081300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1220000000
	Repayments of borrowings			10000000
	Payments of lease liabilities			4500000
	Dividends paid			3036900000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-1831400000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			681000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			681000000
	Cash and cash equivalents cash flow statement at beginning of period			507600000
	Cash and cash equivalents cash flow statement at end of period			1188600000