Odisha Mining Corporation Limited (OMC)
Odisha Mining Corporation Limited (OMC) is a Gold Category State PSU of the Government of Odisha engaged in mining, headquartered at Bhubaneswar. It was formed 16 May 1956 as a joint venture and became wholly state-owned on 17 November 1961. Its most recent development traceable in pages actually opened is robust mineral production with iron ore output of 24.88 MT as on 31 December (reported 4 January 2026) and a July 2025 target of 50 million tons production.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →Odisha Mining Corporation Limited (OMC) is a Gold Category State PSU of the Government of Odisha engaged in mining, headquartered at Bhubaneswar. It was formed 16 May 1956 as a joint venture and became wholly state-owned on 17 November 1961. Its most recent development traceable in pages actually opened is robust mineral production with iron ore output of 24.88 MT as on 31 December (reported 4 January 2026) and a July 2025 target of 50 million tons production.
What happened
The opened page identifies OMC as a Gold Category PSU established 16 May 1956 as a joint venture to explore and harness mineral wealth of Odisha, becoming wholly state-owned on 17 November 1961, headquartered at Bhubaneswar and managed by a board with Chairman and Managing Director (Wikipedia page for Odisha Mining Corporation).
The same page cites Rediff 9 July 2025 that OMC targeted 50 million ton production, and The New Indian Express 4 January 2026 that mineral production was robust with iron ore output touching 24.88 MT as on 31 December and total production reaching 24.8 million tonnes as of December 2025 (same source).
The same page cites The Times of India 24 July 2024 that OMC recorded Rs 4.7k crore profit in 2022-23 as stated by the Minister in the Assembly; ISO certifications and Golden Peacock Award ERP implementation are also noted (same source).
What we could not confirm
Web search rate-limited and OMC annual reports/company pages could not be opened, so no official audited revenue, profit, net worth, dividend or employee figures verified. Production and profit figures are as cited via news references on the tertiary page, not from an opened official order or annual report. Specific administering department (Steel and Mines), share capital break-up and employee count left null. District Khordha inferred from Bhubaneswar.