New Delhi, Jan 31 (PTI) Gujarat Mineral Development Corporation (GMDC) on Friday reported a 26.3 per cent rise in consolidated profit to Rs 147.66 crore for the December quarter.

The company had posted a consolidated profit of Rs 116.83 crore in the year-ago period, GMDC said in a filing to the BSE.

Also Read | 8th Pay Commission: Nirmala Sitharaman To Announce Official 8th CPC Implementation Date in Union Budget 2025? Check Details Here.

The total income of the company during the quarter increased to Rs 767.92 crore over Rs 624.51 crore in the year-ago period.

GMDC is one of the country's leading mining and mineral processing companies. The company is also involved in the exploration of bauxite, manganese, silica sand and limestone among others.

Also Read | Central Bank of India Recruitment 2025: Applications Open for 1000 Credit Officer Posts at centralbankofindia.co.in, Know Steps To Apply.

They find application across diverse industries, from manufacturing of hydrofluoric acid and purifying water to manufacturing glass and ceramic ware, and drilling oil.

GMDC has a sizeable presence in the energy sector. The company has a diversified portfolio of thermal power projects and renewable power generation projects comprising wind and solar power.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)