Financial Performance of OMC

Consistent good performance has helped OMC generate substantial profits over the last few years. This has led to OMC contributing substantially to the exchequers of the National as well as State governments.

The Audited Annual Reports of OMC can be seen here.

Detailed information on the financial performance of OMC, payments made to Govt. and Item-wise Budgeted provision and actual performance of last five years is given below:

 

 

FINANCIAL PERFORMANCE OF OMC FOR THE LAST FIVE YEARS

(Rs. In Crores)

Year Turnover Profit before tax Profit after tax Cumulative Reserves & surplus
2017-18 (Provisional & Un-audited) 2,830.31 -713.74 -713.74 5,153.39
2016 - 17 2331.43 ** 1314.36 770.24 5867.13
2015 - 16 1548.08 * 990.05 629.89 5698.68
2014 - 15 1,881.26 1,487.10 977.32 5670.58
2013 - 14 1,853.88 1,449.95 867.82 5,864.17

* Figures are inclusive of Other Comprehensive Income.

 

PAYMENT MADE TO GOVT. BY OMC DURING LAST FIVE YEARS

(Rs. In Crores)

Year Royalty DMF NMET Dividend Dividend Distribution
Tax
Sales Tax GST Income Tax Grand Total
Paid to Govt.
2017-18 (Provisional & Un-audited) 428.57 150.46 9.37     36.57 85.63 130.00 840.60
2016-17 348.88 103.76 6.92 500.00 101.79 115.13   473.65 1650.13
2015 - 16 335.48 131.99 8.80 500.00 101.79 81.47   316.92 1476.45
2014 - 15 435.94     500.00 184.95 92.56   519.63 1733.08
2013 - 14 239.46     500.00 22.29 87.54   550.97 1400.26
Total 1788.33 386.21 25.09 2000.00 410.82 413.27 85.63 1991.17 7100.26

 

BUDGETED AND ACTUAL PERFORMANCE OF O.M.C. LTD. FOR LAST FIVE YEARS

(Rs. In Lakh)

ITEM YEAR
  2013-14 2014-15 2015-16 (Provisional) 2016-17 (Provisional) 2017-18 ((Provisional & Un-audited))
TURNOVER BUDGET 1,86,103 1,94,007 1,565.63 2,245.70 277,827.32 
ACTUAL 1,85,388 1,88,126 1,548.08 2,331.43 283,031.47 
OTHER RECEIPTS BUDGET 48,739 51,521 408.28 297.83 20,125.88 
ACTUAL 58,100 53,526 481.22 374.14 26,906.55 
REVENUE EXP. BUDGET 89,439 84,505 1,000.07 1,312.24  131,224.19
ACTUAL 97,438 91,849 1,021.83 1,308.62  377,179.00 
DEPRECIATION BUDGET 745 968 9.93 7.47  10,197.52
ACTUAL 1,055 1,093 9.23 76.44  4,133.41 
PROFIT BEFORE TAX BUDGET 1,44,658 1,60,057 963.91* 1188.88 -744.25
ACTUAL 1,44,995 1,48,710 990.05* 1314.36 -713.74

* Includes Compensation towards EC & FC for Rs. 2095.12 crore