Om Infra Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
October 26, 2023 at 02:17 pm
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Om Infra Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 2,797.97 million compared to INR 983.5 million a year ago. Revenue was INR 2,897.8 million compared to INR 1,044 million a year ago. Net income was INR 236.83 million compared to net loss of INR 92.27 million a year ago. Basic earnings per share from continuing operations was INR 2.413 compared to basic loss per share from continuing operations of INR 1.11 a year ago. Diluted earnings per share from continuing operations was INR 2.413 compared to diluted loss per share from continuing operations of INR 1.11 a year ago.
For the six months, sales was INR 5,465.98 million compared to INR 2,433.13 million a year ago. Revenue was INR 5,579.2 million compared to INR 2,509.37 million a year ago. Net income was INR 379.74 million compared to net loss of INR 34.97 million a year ago. Basic earnings per share from continuing operations was INR 3.84 compared to basic loss per share from continuing operations of INR 0.51 a year ago. Diluted earnings per share from continuing operations was INR 3.84 compared to diluted loss per share from continuing operations of INR 0.51 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 
