Q1 FY27 Results: OMDC Swings to Rs 345 Lakh Profit From Year Ago Loss
ORISSAMINE · price
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On the reaction day the stock moved 0.4 pts more than Nifty Microcap 250 and 0.4 pts more than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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OMDC posted Q1 FY27 (June 2026) standalone results. Total income rose to Rs 2,948.77 lakh from Rs 2,103.28 lakh. Operating revenue grew about 48 percent to Rs 2,864.71 lakh. Net profit stood at Rs 345.28 lakh versus a loss of Rs 278.61 lakh in Q1 FY26. EPS was Rs 5.75. Auditor flagged going concern as Belkundi and Bhadrasahi mines remain suspended for want of clearances.
Return to profit and strong revenue growth are positives, but suspended mining at two of three mines remains a key going-concern risk.