Om Infra Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 07, 2022 at 12:37 pm
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Om Infra 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 983.5 million compared to INR 726.84 million a year ago. Revenue was INR 1,044 million compared to INR 734.56 million a year ago. Net loss was INR 92.27 million compared to net income of INR 151.88 million a year ago. Basic loss per share from continuing operations was INR 1.11 compared to basic earnings per share from continuing operations of INR 0.33 a year ago. Diluted loss per share from continuing operations was INR 1.11 compared to diluted earnings per share from continuing operations of INR 0.33 a year ago. Basic loss per share was INR 1.11 compared to basic earnings per share of INR 1.5 a year ago. Diluted loss per share was INR 1.11 compared to diluted earnings per share of INR 1.5 a year ago.
For the six months, sales was INR 2,433.13 million compared to INR 1,250.98 million a year ago. Revenue was INR 2,509.37 million compared to INR 1,272.98 million a year ago. Net loss was INR 34.97 million compared to net income of INR 221.45 million a year ago. Basic loss per share from continuing operations was INR 0.51 compared to basic earnings per share from continuing operations of INR 0.46 a year ago. Diluted loss per share from continuing operations was INR 0.51 compared to diluted earnings per share from continuing operations of INR 0.46 a year ago. Basic loss per share was INR 0.51 compared to basic earnings per share of INR 1.63 a year ago. Diluted loss per share was INR 0.51 compared to diluted earnings per share of INR 1.63 a year ago.
Om Infra Limited is an India-based hydro-mechanical engineering company. The Company is engaged in diverse business activities and interests related to hydro mechanical equipment, turnkey solutions for steel fabrication, hydro power developments, real estate, entertainment centers and hotels. Its segments include Engineering, Real Estate, and Other. Engineering segment includes hydro-mechanical equipment, gates, hoists and turnkey solutions. Real Estate segment includes hotel-cum-revolving restaurant, multiplex, information technology (IT) park, turnkey solutions, residential and commercial projects. Its product portfolio includes radial gates, vertical gates, stoplog gates, draft tube gates, steel liners, penstocks and pressure shaft liners, trash racks, trash rack cleaning machines, all types of cranes, gantry cranes, mechanical and hydraulic hoists, lifting arrangements, steel bridges and walkways, electrical control and atomization systems and other.
OM INFRA LIMITED 
