Results     12-May-23
Announcements
Orient Electric standalone net profit declines 49.53% in the March 2023 quarter
Sales decline 12.67% to Rs 657.91 crore
Net profit of Orient Electric declined 49.53% to Rs 24.62 crore in the quarter ended March 2023 as against Rs 48.78 crore during the previous quarter ended March 2022. Sales declined 12.67% to Rs 657.91 crore in the quarter ended March 2023 as against Rs 753.32 crore during the previous quarter ended March 2022.

For the full year,net profit declined 40.11% to Rs 75.85 crore in the year ended March 2023 as against Rs 126.64 crore during the previous year ended March 2022. Sales rose 3.30% to Rs 2529.17 crore in the year ended March 2023 as against Rs 2448.37 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales657.91753.32 -13 2529.172448.37 3
OPM %7.0510.71 -5.979.45 -
PBDT46.5877.38 -40 155.44216.84 -28
PBT32.8465.47 -50 101.94169.76 -40
NP24.6248.78 -50 75.85126.64 -40

Previous News
  Orient Electric to announce Quarterly Result
 ( Corporate News - 05-May-23   12:59 )
  Orient Electric to convene board meeting
 ( Corporate News - 19-Jul-22   10:53 )
  Orient Electric Q3 PAT declines 14.5% YoY to Rs 32 crore
 ( Hot Pursuit - 31-Jan-23   12:43 )
  Orient Electric sells land parcels for Rs 35 cr
 ( Corporate News - 26-Jul-23   08:38 )
  Orient Electric schedules AGM
 ( Corporate News - 02-Jul-24   14:29 )
  Orient Electric standalone net profit rises 558.94% in the September 2020 quarter
 ( Results - Announcements 29-Oct-20   08:27 )
  Board of Orient Electric recommends Interim Dividend
 ( Corporate News - 31-Jan-23   10:11 )
  Orient Electric reports standalone net profit of Rs 5.01 crore in the June 2021 quarter
 ( Results - Announcements 29-Jul-21   15:13 )
  Orient Electric standalone net profit declines 7.35% in the March 2020 quarter
 ( Results - Announcements 01-Jun-20   16:13 )
  Orient Electric to convene board meeting
 ( Corporate News - 22-Jan-20   10:56 )
  Orient Electric Ltd Spurts 3.13%
 ( Hot Pursuit - 15-Mar-21   09:30 )
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