The Orissa Minerals Development Company Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 166.23 million compared to INR 52.01 million a year ago. Revenue was INR 183.93 million compared to INR 71.12 million a year ago. Net income was INR 19.24 million compared to net loss of INR 58.58 million a year ago. Basic earnings per share from continuing operations was INR 3.21 compared to basic loss per share from continuing operations of INR 9.76 a year ago.
For the six months, sales was INR 200.2 million compared to INR 206.63 million a year ago. Revenue was INR 234.86 million compared to INR 274.02 million a year ago. Net loss was INR 129.89 million compared to INR 77.7 million a year ago. Basic loss per share from continuing operations was INR 21.65 compared to INR 12.95 a year ago.