Are Orissa Minerals latest results good or bad?
Orissa Minerals' latest results are poor, showing a 27.09% decline in net sales and a drastic 422.84% drop in net profit compared to the previous year, indicating significant operational challenges. Stakeholders should monitor future developments closely.
Orissa Minerals Development Company has reported its financial results for the quarter ending December 2024, which indicate a significant downturn in performance compared to the same quarter in the previous year. The company's net sales experienced a decline of 27.09%, contrasting sharply with a substantial growth of 257.52% in December 2023. This decline is indicative of challenges in revenue generation during the recent quarter. Additionally, the standalone net profit showed a drastic negative change of 422.84%, moving from a profit in the previous year to a considerable loss this time around.
Operating profit also reflected a negative trend, with an operating profit margin (excluding other income) declining by 53.79%, further emphasizing the operational difficulties faced by the company. The interest expenses decreased by 13.61%, which may suggest some efforts to manage costs, but this was not sufficient to offset the overall negative performance.
In light of these results, the company saw an adjustment in its evaluation, reflecting the challenges and volatility typical of small-cap stocks in the miscellaneous sector. Stakeholders will likely be keeping a close watch on future developments as the financial landscape continues to evolve.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
