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
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 5,688.00
2013 - 14 1,853.88 1,449.95 867.82 5,864.17
2012 - 13 1,658.15 1,383.46 896.10 5,149.82

* Includes Excise Duty of Rs.1.66 Crore. ** Includes Excise Duty of Rs.5.23 Crore.

 

PAYMENT MADE TO GOVT. BY OMC DURING LAST FIVE YEARS

(Rs. In Crores)

Year Royalty DMF NMET Dividend Dividend Distribution
Tax
Sales Tax Income Tax Grand Total
Paid to Govt.
2016-17 348.88 103.76 6.92 500.00 101.79 115.13 473.65 1523.42
2015 - 16 335.48 132 8.80 500.00 101.79 80.80 364.55 1370.24
Paid in F.Y. 2014-15
for the F.Y 2015-16
150.00
(Adhoc Royalty)
            150.00
2014 - 15 435.94     500.00   94.66 520.98 1551.58
2013 - 14 239.46     500.00   85.09 660.66 1485.21
2012 - 13 213.37     400.00   85.27 793.50 1492.14
Total 1723.13 235.76 15.72 2400.00 203.58 460.95 2813.34 7852.48

 

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

(Rs. In Lakh)

ITEM YEAR
  2012-13 2013-14 2014-15 2015-16 (Provisional) 2016-17 (Provisional)
TURNOVER BUDGET 1,85,148 1,86,103 1,94,007 1,565.63 2,245.70
ACTUAL 1,65,815 1,85,388 1,88,126 1,548.08 2,331.43
OTHER RECEIPTS BUDGET 51,455 48,739 51,521 408.28 297.83
ACTUAL 54,061 58,100 53,526 481.22 374.14
REVENUE EXP. BUDGET 63,263 89,439 84,505 1,000.07 1,312.24
ACTUAL 80,316 97,438 91,849 1,021.83 1,308.62
DEPRECIATION BUDGET 955 745 968 9.93 7.47
ACTUAL 1,214 1,055 1,093 9.23 76.44
PROFIT BEFORE TAX BUDGET 1,72,385 1,44,658 1,60,057 963.91* 1188.88
ACTUAL 1,38,346 1,44,995 1,48,710 990.05* 1314.36

* Inclusive of Other Comprehensive Income of Rs.(-)8.20 & Rs.(-)6.15 Crore in the Financial Year 2015-16 & 2016-17 respectively.