Gujarat Mineral Development Corporation Limited announced the unaudited results for the quarter ended June 30th 2008.

GMDC in a statement said that it has posted a net profit for the period of INR 723.496 million for the quarter ended June 30th 2008 up by 11% YoY as compared to INR 652.364 million for the quarter ended June 30th, 2007. Total Income has increased from INR 2299.655 million for the quarter ended June 30th 2007 to INR 2864.484 million for the quarter ended June 30th, 2008.