The Orissa Minerals Development Company Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 79.07 million compared to INR 297.29 million a year ago. Revenue was INR 89.14 million compared to INR 321.63 million a year ago. Net loss was INR 88.92 million compared to INR 47.82 million a year ago. Basic loss per share from continuing operations was INR 14.82 compared to INR 7.97 a year ago.
For the nine months, sales was INR 285.7 million compared to INR 737.04 million a year ago. Revenue was INR 363.15 million compared to INR 789.09 million a year ago. Net loss was INR 166.63 million compared to INR 52.43 million a year ago. Basic loss per share from continuing operations was INR 27.77 compared to INR 8.74 a year ago.