Om Infra Reports Rs 22 Crore Net Profit in Q2

Om Infra Ltd has reported a net profit of Rs 22.23 crore for the second quarter ended September 30. It had clocked Rs 6.12 crore net loss in the July-September period of the preceding 2022-23 fiscal, the company said in a statement on Saturday.

The company's revenue from operations surged to Rs 258.91 crore in the second quarter of the current financial year from Rs 73.30 crore in the year-ago period.

"We achieved a top line of Rs 546 crore. Major contributors were Jal Jeevan Mission Projects, Isarda Dam and Shahpur Kandi Punjab Project. We are poised for consistent growth here onwards, with more order books," said SK Jain, Chief Financial Officer of Om Infra Limited.

Rajasthan-based Om Infra provides turnkey-based solutions for various infrastructure projects.