
Quarterly Result17 Sept 2026, 03:57 pm
Orissa Minerals Declares Unaudited Standalone Financial Results for Q1 FY27
AI Summary
Orissa Minerals Development Company Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on September 17, 2026. The company's mining operations for Belkundi and Bhadrasahi Mines are under suspension due to non-availability of statutory clearances, with leases in process of renewal. The Bagiaburu Iron Mines commenced operations from December 14, 2023. The financial results have been prepared on a going concern basis.
Key Highlights
- Unaudited standalone financial results for Q1 FY27 declared.
- Board meeting held on September 17, 2026, approved the results.
- Mining operations suspended at Belkundi and Bhadrasahi Mines.
- Bagiaburu Iron Mines operational since December 14, 2023.
- Results prepared on a going concern basis despite operational challenges.
Price Impact
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