Latest news with #OmInfra
Business Standard
5 days ago
- Business
- Business Standard
Om Infra reports consolidated net loss of Rs 0.98 crore in the June 2025 quarter
Sales decline 38.44% to Rs 104.34 croreNet loss of Om Infra reported to Rs 0.98 crore in the quarter ended June 2025 as against net profit of Rs 12.53 crore during the previous quarter ended June 2024. Sales declined 38.44% to Rs 104.34 crore in the quarter ended June 2025 as against Rs 169.49 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -38 OPM %-0.7210.19 -PBDT-0.2914.02 PL PBT-1.3912.54 PL NP-0.9812.53 PL Powered by Capital Market - Live News
Business Standard
26-06-2025
- Business
- Business Standard
OM Infra gains after winning Rs 199-cr contract for India's largest power project
OM Infra soared 7.87% to Rs 140.45 after the company secured a turnkey contract from NHPC for hydro-mechanical works at India's largest power generation project, the 2880 MW Dibang Project in Arunachal Pradesh. Shares of NHPC shed 0.91% to Rs 84.20 on the BSE. The scope of orders includes Ex-Works supply and CIF/CIP supply (if applicable) of all equipment, materials, mandatory spares, tools, and tackles, with separate identification of CIF/CIP and Ex-Works components. The scope also covers all associated services, such as inland transportation to the site, unloading, storage, handling, installation, testing, and commissioning, including performance testing of all equipment supplied under the first contract. Additionally, it involves any other services specified in the contract document for Lot-5B, Hydro-Mechanical works for intake and draft tub gates and hoists at the Dibang Multipurpose Project (2880 MW), located in Arunachal Pradesh, India. The tenure for the project is 46 months, starting from the date of commencement of work. Vikas Kothari, MD and CEO of Om Infra, said: "We are honoured to have been entrusted with this significant project, which aligns with our core expertise in H M components for water based project and our strategic vision of expanding Om Infras footprint across key infrastructure sectorsparticularly hydroelectric, pumped storage, and water management. This award not only cements our strength in H M components for such a massive power generation project of 2880 MW and also broadens our project portfolio and also reinforces our expertise in delivering sustainable and impactful infrastructure solutions on a turnkey basis. Our team is dedicated to maintaining the highest standards of quality, efficiency, and technological integration. This project represents another milestone in our journey to support regional development and strengthen our standing as a trusted infrastructure partner. With a continued focus on water resource management, irrigation, and renewable energy, Om Infra is well-positioned to support national initiatives such as the Jal Jeevan Mission and hydroelectric development. We expect this project to contribute positively to our revenue and profitability, while driving long-term value for our stakeholders. OM Infra is a leading infrastructure development company specializing in engineering, procurement, and construction (EPC) projects for water management, engineering, and construction. NHPC, a Mini Ratna category I public sector utility, is Government of Indias flagship hydroelectric generation company. The company is primarily involved in the generation and sale of bulk power to various Power Utilities. Its other business includes providing project management / construction contracts/ consultancy assignment services and trading of power.
Mint
26-06-2025
- Business
- Mint
Om Infra stock soars over 12% on landing ₹199 crore hydro-mechanical order from NHPC
Shares of Om Infra Ltd surged over 12 percent intraday on Thursday, June 26, 2025, following the announcement of a landmark contract worth ₹ 199 crore. The order, awarded by state-run hydropower giant NHPC Ltd, involves turnkey hydro-mechanical works for the Dibang Multipurpose Project, a 2,880 MW power generation facility in Arunachal Pradesh. The substantial order has not only lifted the stock but also reinforced investor confidence in Om Infra's technical capabilities and its focus on strategic water infrastructure projects. The contract comprises two distinct components: Equipment Supply: Om Infra will provide piping, intake and draft tube gates, hoists, mandatory spares, tools, and tackles for the Lot‑5B package—valued at ₹ 167.86 crore on an ex-works and on CIF/CIP basis. Services Package: The firm will manage inland transportation, site handling, installation, testing, commissioning, and performance testing for these supplied components, with this portion valued at ₹ 31.98 crore. Together, these form a comprehensive turnkey contract requiring execution within 46 months from the start date. The combined scope positions Om Infra as a single-point delivery partner—from manufacturing to site commissioning. Om Infra has built its reputation in water management, irrigation, civil construction, and engineering services. MD & CEO Vikas Kothari emphasized that this project leverages the company's deep experience in hydro-mechanical components for large-scale dams, reinforcing its strategic ambition to expand into hydroelectric, pumped-storage, and water-management sectors. Adding to its ongoing projects, this ₹ 199 cr contract significantly boosts Om Infra's revenue visibility, providing a medium-term pipeline and scope for margin expansion through high-value engineering services. The successful execution of complex hydro-mechanical contracts like the Dibang project bolsters Om Infra's credentials in handling sophisticated, technically-intensive work—a key advantage in winning future tenders tied to national initiatives like the Jal Jeevan Mission and other hydropower and irrigation schemes. In his remarks, Mr. Kothari highlighted Om Infra's commitment to quality, efficiency, and technological integration during project execution. With a 46-month timeline, the firm has sufficient runway to stage orderly delivery, potentially translating into improved profitability and steady revenue accrual over multiple fiscal years. The deal also enables the firm to 'support regional development and strengthen our standing as a trusted infrastructure partner,' aligning with national priorities. The Dibang project itself, as India's largest hydropower facility, underscores the scale and prestige attached to this contract. On the news, Om Infra's shares hit a day's high of ₹ 146.50, gaining nearly 12.5 percent. Despite the rally, the stock remains 36 percent below its 52‑week high of ₹ 227.90 reached in August 2024, and 56 percent above its 52‑week low of ₹ 94 seen in April 2025. Over the past year, the stock has declined approximately 22 percent, reflecting volatility amid broader market and sector-specific factors. However, the company has progressively clawed back up 8 percent in June, following incremental gains of 12 percent in May, 0.6 percent in April, and 9 percent in March—even after significant corrections of 27 percent in February and 10 percent in January.
Mint
26-06-2025
- Business
- Mint
Om Infra stock soars over 12% on landing ₹199 crore hydro-mechanical order from NHPC
Shares of Om Infra Ltd surged over 12 percent intraday on Thursday, June 26, 2025, following the announcement of a landmark contract worth ₹ 199 crore. The order, awarded by state-run hydropower giant NHPC Ltd, involves turnkey hydro-mechanical works for the Dibang Multipurpose Project, a 2,880 MW power generation facility in Arunachal Pradesh. The substantial order has not only lifted the stock but also reinforced investor confidence in Om Infra's technical capabilities and its focus on strategic water infrastructure projects. The contract comprises two distinct components: Equipment Supply: Om Infra will provide piping, intake and draft tube gates, hoists, mandatory spares, tools, and tackles for the Lot‑5B package—valued at ₹ 167.86 crore on an ex-works and on CIF/CIP basis. Services Package: The firm will manage inland transportation, site handling, installation, testing, commissioning, and performance testing for these supplied components, with this portion valued at ₹ 31.98 crore. Together, these form a comprehensive turnkey contract requiring execution within 46 months from the start date. The combined scope positions Om Infra as a single-point delivery partner—from manufacturing to site commissioning. Om Infra has built its reputation in water management, irrigation, civil construction, and engineering services. MD & CEO Vikas Kothari emphasized that this project leverages the company's deep experience in hydro-mechanical components for large-scale dams, reinforcing its strategic ambition to expand into hydroelectric, pumped-storage, and water-management sectors. Adding to its ongoing projects, this ₹ 199 cr contract significantly boosts Om Infra's revenue visibility, providing a medium-term pipeline and scope for margin expansion through high-value engineering services. The successful execution of complex hydro-mechanical contracts like the Dibang project bolsters Om Infra's credentials in handling sophisticated, technically-intensive work—a key advantage in winning future tenders tied to national initiatives like the Jal Jeevan Mission and other hydropower and irrigation schemes. In his remarks, Mr. Kothari highlighted Om Infra's commitment to quality, efficiency, and technological integration during project execution. With a 46-month timeline, the firm has sufficient runway to stage orderly delivery, potentially translating into improved profitability and steady revenue accrual over multiple fiscal years. The deal also enables the firm to 'support regional development and strengthen our standing as a trusted infrastructure partner,' aligning with national priorities. The Dibang project itself, as India's largest hydropower facility, underscores the scale and prestige attached to this contract. On the news, Om Infra's shares hit a day's high of ₹ 146.50, gaining nearly 12.5 percent. Despite the rally, the stock remains 36 percent below its 52‑week high of ₹ 227.90 reached in August 2024, and 56 percent above its 52‑week low of ₹ 94 seen in April 2025. Over the past year, the stock has declined approximately 22 percent, reflecting volatility amid broader market and sector-specific factors. However, the company has progressively clawed back up 8 percent in June, following incremental gains of 12 percent in May, 0.6 percent in April, and 9 percent in March—even after significant corrections of 27 percent in February and 10 percent in January. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
25-06-2025
- Business
- Business Standard
Om Infra secures contracts worth Rs 199 cr
Om Infra has been awarded contracts of Rs. 199 crore as under: 1. Ex- Works Supply and CIF/CIP supply, if any, of all Equipment and materials including mandatory spares & mandatory tools & Tackles identifying separately the CIF/CIP and Ex- works components of the supply for Lot -5B Package for Hydro-Mechanical works for intake and draft Tub Gates and Hoists of Dibang Multipurpose project, 2880 MW located in the state of Arunachal Pradesh, India as first contract of Rs. 167.86 crore. 2. Providing all services i.e. inland transportation for delivery at site, uploading, storage, handling at site, installation, testing and commissioning including performance testing in respect of all the equipment supplied under first contract and any other services specified in the contract document for Lot -5B Package for Hydro-Mechanical works for intake and draft Tub Gates and Hoists of Dibang Multipurpose project, 2880 MW located in the state of Arunachal Pradesh, India as second contract of Rs. 31.98 crore.
