Gujarat Mineral Development Corporation Limited has informed the Exchange that Board of Directors at its meeting held on May 14, 2026, recommended Final Dividend of Rs. 9.50 per equity share.
GMDCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.2 pts less than Nifty Smallcap 250 and 0.2 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
GMDC's Board approved audited financial results for FY 2025-26. Standalone profit before tax grew to Rs. 1,301.88 crore from Rs. 890.78 crore in the previous year, while consolidated profit before tax stood at Rs. 1,268.45 crore. Revenue from operations was Rs. 2,653.38 crore. The Board recommended a final dividend of Rs. 9.50 per equity share (475% on face value of Rs. 2), subject to shareholder approval at the AGM. Exceptional items included recognition of Rs. 492.63 crore GST input tax credit following changes in lignite tax rates, and Rs. 30.02 crore ITC restoration from earlier years under litigation. Standalone EPS improved to Rs. 31.16 from Rs. 21.44 in the prior year.
The company delivered strong year-on-year profit growth and declared a healthy dividend, which should be positive for shareholders. The exceptional GST credit recognition boosted profits significantly.