Remarkable Operating Performance Brightens Future Growth Prospects:GMDC has posted a very encouraging set of numbers at both sales and operating levels. The revenue from operations for Q1FY18 came at Rs.5831 Mn as against Rs.4104 Mn of Q1FY17 and Rs.5439 Mn of Q4FY17 thereby demonstratinggrowth of 42.1% on YoY basis and 7.2% on QoQ basis respectively. EBITDA of the company in Q1FY18 stood at Rs.1833 Mn which grew by 31.7% YoY basis and 23.4% on QoQ basis; in the process EBITDA margin deteriorated by 246 bps on YoYbasis but improved by 412 bps on QoQ basis.