Results     27-May-11
Announcements
Orissa Minerals Development Company net profit declines 18.64% in the March 2011 quarter
Sales decline 82.78% to Rs 3.11 crore
Net profit of Orissa Minerals Development Company declined 18.64% to Rs 12.05 crore in the quarter ended March 2011 as against Rs 14.81 crore during the previous quarter ended March 2010. Sales declined 82.78% to Rs 3.11 crore in the quarter ended March 2011 as against Rs 18.06 crore during the previous quarter ended March 2010.

For the audited full year, net profit declined 70.28% to Rs 22.12 crore in the year ended March 2011 as against Rs 74.44 crore during the previous year ended March 2010. Sales declined 45.56% to Rs 44.83 crore in the year ended March 2011 as against Rs 82.35 crore during the previous year ended March 2010.

ParticularsQuarter EndedYear Ended
 Mar. 2011Mar. 2010% Var.Mar. 2011Mar. 2010% Var.
Sales3.1118.06 -83 44.8382.35 -46
OPM %164.3172.98 125 23.8252.76 -55
PBDT20.4422.99 -11 60.07114.81 -48
PBT18.4122.33 -18 38.46112.26 -66
NP12.0514.81 -19 22.1274.44 -70

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