Board Meeting24 Jul 2026, 07:31 pm
Orissa Minerals Declares Audited Standalone Financial Results for FY26
AI Summary
Orissa Minerals Development Company Ltd announced the Audited Standalone Financial Results for the Financial Year ended March 31, 2026, following a Board of Directors meeting held on July 24, 2026. The meeting commenced at 11:00 AM and concluded at 6:40 PM. The company has provided segment-wise revenue and results, detailing operations in Iron Ore, Manganese Ore, and Sponge Iron. The financial statements were prepared on a going concern basis, with ongoing efforts to renew mining leases for certain mines.
Key Highlights
- Board approved audited standalone financial results for FY ended March 31, 2026.
- Financial results cover the period from April 1, 2025, to March 31, 2026.
- Results include segment-wise reporting for Iron Ore, Manganese Ore, and Sponge Iron.
- Company continues to pursue renewal of mining leases for its mines.
- Financial statements prepared on a going concern basis.
Price Impact
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