Orissa Minerals Development Company Ltd on Tuesday reported widening of standalone net loss to Rs 20.80 crore for the quarter ended June 30.
The company had posted a net loss of Rs 5.71 crore in the year-ago period, Orissa Minerals Development Co Ltd said in a BSE filing.
The company's income declined during April-June quarter to Rs 6.33 crore, from Rs 14 crore in the year-ago period.
The company's mining operations are under suspension due to non-availability or statutory clearances.
Mining Leases are in the process or renewal and accordingly, these financial results have been prepared on a "going concern basis", the company said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
