Om Infra Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 12, 2024 at 08:16 am
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Om Infra 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 2,715.13 million compared to INR 2,092.31 million a year ago. Revenue was INR 2,910.95 million compared to INR 2,120.66 million a year ago. Net income was INR 61.41 million compared to INR 87.25 million a year ago. Basic earnings per share from continuing operations was INR 0.59 compared to INR 1.06 a year ago. Diluted earnings per share from continuing operations was INR 0.59 compared to INR 1.06 a year ago. Basic earnings per share was INR 0.59 compared to INR 1.06 a year ago. Diluted earnings per share was INR 0.59 compared to INR 1.06 a year ago.
For the nine months, sales was INR 8,181.1 million compared to INR 4,525.44 million a year ago. Revenue was INR 8,490.15 million compared to INR 4,630.03 million a year ago. Net income was INR 441.15 million compared to INR 52.29 million a year ago. Basic earnings per share from continuing operations was INR 4.44 compared to INR 0.55 a year ago. Diluted earnings per share from continuing operations was INR 4.44 compared to INR 0.55 a year ago. Basic earnings per share was INR 4.44 compared to INR 0.55 a year ago. Diluted earnings per share was INR 4.44 compared to INR 0.55 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.