Mumbai, Nov. 14 -- On a consolidated basis, net sales came in at Rs 527.58 crore, down 11.03% YoY. PBT before exceptional items fell 14.71% YoY to Rs 155.27 crore.

In contrast, PAT jumped 264.27% YoY to Rs 465.75 crore, boosted by a sharp rise in exceptional income. GMDC booked an exceptional gain of Rs 474.43 crore following the GST rate hike on lignite from 5% to 18% effective 22 September 2025 and the removal of compensation cess. The change ended the earlier inverted duty structure, enabling the company to recognise accumulated input tax credit that had been expensed in prior periods.

Total expenses rose 1.51% YoY to Rs 480.49 crore. Employee costs surged 90.95% YoY to Rs 75.75 crore, while current tax expense soared 208.10% YoY to ...