The Orissa Minerals Development Company Limited reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was INR 52.01 million compared to INR 400.79 million a year ago. Revenue was INR 71.12 million compared to INR 416.77 million a year ago. Net loss was INR 58.58 million compared to net income of INR 169.71 million a year ago. Basic loss per share from continuing operations was INR 9.76 compared to basic earnings per share from continuing operations of INR 28.29 a year ago.
For the six months, sales was INR 206.63 million compared to INR 439.76 million a year ago. Revenue was INR 274.02 million compared to INR 467.46 million a year ago. Net loss was INR 77.7 million compared to INR 4.61 million a year ago. Basic loss per share from continuing operations was INR 12.95 compared to INR 0.77 a year ago.