The Orissa Minerals Development Company Limited — Others, 19-06-2025: Copy of Newspaper Publication
19-06-2025 | 04:16 pm
19-06-2025 | 04:16 pm
The Orissa Minerals Development Company Limited has announced a board meeting to consider the financial results for the quarter and half-year. Senco Gold aims to increase revenue from outside eastern India to 40% by FY30, expanding through owned and franchise stores across 17 states and Dubai, targeting 18-20% revenue growth in H1FY26 despite geopolitical tensions impacting gold prices. The company noted a shift in consumer preference toward diamond jewellery amid rising gold prices, with FY25 revenue at ₹6,328 Cr (up 21%) but EBITDA down nearly 3%. Tata Elxsi has partnered with Infineon to develop ready-to-deploy EV solutions for multiple vehicle segments.
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