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GMDC ON OUR EXPECTED LINES, WE GAVE A BUY CALL.

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GMDC ON OUR EXPECTED LINES, WE GAVE A BUY CALL. Empty GMDC ON OUR EXPECTED LINES, WE GAVE A BUY CALL.

Post by analyst Wed Jun 11, 2008 10:45 pm

FIRST COMES THE RESULTS.


WHOPPING INCREASE IN PROFITS


GMDC announces Q4 & FY 08 results
Announcement: Gujarat Mineral Development Corporation Ltd (GMDC) has announced the following Audited results for the quarter & year ended March 31, 2008:

The results for the Quarter ended March 31, 2008

The Company has posted a net profit of Rs 636.854 million for the quarter ended March 31, 2008 as compared to Rs 128.285 million for the quarter ended March 31, 2007. Total Income has increased from Rs 2077.646 million for the quarter ended March 31, 2007 to Rs 3368.092 million for the quarter ended March 31, 2008.


NOW GMDC Board recommends dividend

Announcement: Gujarat Mineral Development Corporation Ltd (GMDC) has informed BSE that the Board of Directors of the Company at its meeting held on June 11, 2008, inter alia, has recommended a dividend @ 100% for the financial year 2007-08.

analyst

Number of posts : 43
Registration date : 2008-06-09

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