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Highlights
Financials Om Metals Infraprojects Ltd acquires prime location property at JaipurPosted on: 30 Aug 2010 New Delhi, August 30th 2010: Om Metals Infraprojects Ltd., India’s leading hydro-mechanical engineering company, has bought 5 acres (approx) property at Jaipur for Rs 158 crore, through Maharaja Shree Umaid Mills Ltd. The project will be executed through its 100% subsidiary, Om Metals Consortium Pvt Ltd.
Om Metals has posted a turnover jump of 80% YOY in the half year ended September 2009Posted on: 31 Oct 2009 Om Metals has Posted a turnover of Rs.89.85cr i.e jump of 80% YOY in the half year ended 30.9.2009 and has recorded PAT of Rs.15.96 cr -74% jump. These figures are stand alone and do not include the turnover of JV/SPV's/subsidiaries. 9 months financial result at a turnover of Rs. 82.02 crore and EBIDTA of Rs.34.46 crPosted on: 02 Feb 2009 In the board meeting held on 30th Jan 2009, the board of directors approved the 9 months financial result at a turnover of Rs. 82.02 crore and EBIDTA of Rs.34.46 cr as against turnover of Rs.60.33 crore and EBIDTA of Rs. 25.85 crore in the corresponding period of Previous year. The turnover rose by 35.95 % and EBIDTA by 33.30%. Om Metals developing 4 lacs sq ft high end Residential apartments at Bandra Reclamation.Posted on: 15 Nov 2008 Om Metals in a separate SPV where it has 35% stake has got a slum rehabilitation project from MHADA . The price of FSI to MHADA already paid and the project awaiting environment clearance to take off. Om Metals achieved a turnover of Rs.54 crore and EBTDTA of Rs.18 cr in first half of F.Y.2008-09Posted on: 31 Oct 2008 In the board meeting held on 31st october - the quarterly unaudited results were approved where the turnover of the company for the first 6 months were recorded at 54 crore as against Rs. 39 cr in the corresponding period of last fiscal and the EBIDTA at 18 cr vis-a-vis 18 cr in the last fiscal. Om Metals secures fresh work contracts of Rs.500 cr.Posted on: 31 Oct 2008 Om Metals has secured order for executing Hydro mechanical works for Teesta Low Dam HE project (Stage-IV), Uri-II HE project, Parbati H E project,Chamera H E project all from NHPC, Tapovan Vishnugarh H E project from NTPC and Sri Pad sagar ,Andhra Pradesh all valued at Rs.500 crore which will be executed in next 3 years time. the total unexecuted order book position now stands at Rs.800 cr. Om Metals raised 25 mn USD via QIP route by diluting 20% stakePosted on: 31 Oct 2008 Om Metals in January 2007 raised 25 mn USD from QIB's by diluting 20% stake at 60 Rs. per share for capacity expansion and infrastucture development.13 mn USD cash still there in the B/sheet and awaiting good M & A opportunity. Om metals in different SPV's holding 950 acre land bank for development of SEZ, Residential ,Commercial, IT park and Corporate space in Mumbai, Hyderabad, Jaipur, Kota, Delhi-NCR and Puducherry.Posted on: 01 Apr 2008 Om Metals with a most opportunistic view has bought prime land at different premium locations in Metro and tier II cities in joint ownership with local developer who has expertise in developing similar projects. The projects apart from Kota will take 2-3 years time for completion as all are under some stage of clearance from legal/government departments. |
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