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 Other income total comprehensive income total expenditure incurred Profit before tax Profit after tax Cumulative Reserves & surplus new worth working capital
2017-18 2853.09 314.29 436.81 4030.91 -863.53 -463.48 5430.33 5461.78 3162.6
2016 - 17 2331.43 374.14 770.24 1385.06 1320.51 776.39 5867.13 5898.59 4006.94
2015 - 16 1548.08 481.22 629.89 1031.06 998.25 638.09 5698.68 5730.13 3897.71
2014 - 15 1,881.26 535.26 977.32 918.49 1,487.10 977.32 5670.58 5702.03 4269.81
2013 - 14 1853.88 581 867.82 984.93 1,449.95 867.82 5,864.17 5895.63 4879.31

 

 

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.
2017-18 505.94 149.82 9.99     36.57 85.63 130.00 917.95
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   357.65 1517.18
2014 - 15 435.94     500.00 184.95 92.59   520.98 1734.46
2013 - 14 239.46     500.00 22.29 86.01   603.31 1451.07
Total 1865.7 385.57 25.71 2000.00 410.82 411.77 85.63 2085.59 7270.79

 

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

(Rs. In  Crore)

ITEM YEAR
  2014-15 2015-16 2016-17 2017-18 2018-19(01.04.2018 to 30.09.2018)Provisional & Unaudited)
TURNOVER BUDGET 1940.07 1565.63 2245.7 2778.27 1932.24
ACTUAL 1881.26 1548.08 2331.43 2853.09 1849
OTHER RECEIPTS BUDGET 515.22 408.28 297.83 201.26 138.73
ACTUAL 535.26 481.22 374.14 314.29 Not yet arrived
REVENUE EXP. BUDGET 845.04 1,000.07 1347.17 3621.81 1165
ACTUAL 918.49 1031.06 1385.06 4030.91  Not yet arrived
DEPRECIATION BUDGET 9.68 9.93 7.47  101.98 56.09
ACTUAL 10.93 9.23 76.44 108.26 Not yet arrived
PROFIT BEFORE TAX BUDGET 1600.57 963.91* 1188.88 -744.25 849.89
ACTUAL 1487.1 998.25 1320.51 -863.53 Not yet arrived