Athira Sethu
Kochi, 28 Nov 2025
Gujarat Mineral Development Corporation (GMDC) share price is up more than 10% in last five days after the Indian government cleared Rs 7,280 crore rate earth policy. This policy incentive lifted several mineral stocks. GMDC saw rising investors’ interest post this announcement.
Here is a snapshot of GMDC’s Q2FY26 earnings:
| Metric | Q2FY26 | Q2FY25 | YoY Change |
| Net Profit | ₹466 crore | ₹128 crore | +264% (boosted by one-time GST gain) |
| Adjusted Net Profit | ₹(8) crore | ₹128 crore | Turned to loss |
| Revenue | ₹527.6 crore | ₹593 crore | -11% |
| EBITDA | ₹69.5 crore | ₹141.4 crore | -51% |
| EBITDA Margin | 13.2% | 24% | -1080 bps |



















