The Orissa Minerals Development Company Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 282.81 million compared to INR 79.07 million a year ago. Revenue was INR 285.18 million compared to INR 89.14 million a year ago. Net income was INR 23.21 million compared to net loss of INR 88.92 million a year ago. Basic earnings per share from continuing operations was INR 3.87 compared to basic loss per share from continuing operations of INR 14.82 a year ago. Diluted earnings per share from continuing operations was INR 3.87 compared to diluted loss per share from continuing operations of INR 14.82 a year ago.
For the nine months, sales was INR 483.01 million compared to INR 285.7 million a year ago. Revenue was INR 520.04 million compared to INR 363.15 million a year ago. Net loss was INR 106.68 million compared to INR 166.63 million a year ago. Basic loss per share from continuing operations was INR 17.78 compared to INR 27.77 a year ago. Diluted loss per share from continuing operations was INR 17.78 compared to INR 27.77 a year ago.