New Delhi, May 26 (PTI) Natural marble importer and processor Oriental Trimex on Monday announced turning profitable in the year ended on March 31, 2025, on strong growth in revenue.

The company also announced securing a 30-year lease for a black granite mine in Odisha from the state government and projected an annual revenue contribution of Rs 10-15 crore from the mining block.

Also Read | What Is Bharat Forecast System? Know All About the World's Highest-Resolution Weather Model Launched by the Ministry of Earth Sciences for Accurate Panchayat-Level Forecasts in India.

Oriental Trimex's net profit stood at Rs 8.53 crore in 2024-25 against a loss of Rs 6.48 crore in 2023-24 fiscal. Revenue from operations jumped manifold to Rs 21.02 crore in FY25 from Rs 3.64 crore in FY24, a statement said.

For the March quarter, the net profit was Rs 5.97 crore against a loss of Rs 6.43 crore in the year-ago period. Revenue from operations surged over fourfold to Rs 16.66 crore in Q4 of FY25 compared to Rs 3.01 crore in Q4 FY24.

Also Read | Bodoland Lottery Result Today, May 26, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winners List With Ticket Numbers.

Oriental Trimex said that it anticipates an annual revenue contribution of Rs 10-15 crore from the mining block awarded the Odisha mines department. The lease, officially awarded on May 21, 2025, encompasses 4.961 hectares in the village of Potteru in Malkangiri District. Operations will commence soon, it added. PTI

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)