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 fixes record date for interim dividend
 ( Market Beat - Reports 30-Jan-23   20:52 )
  Volumes spurt at TCI Express Ltd counter
 ( Hot Pursuit - 12-May-22   11:00 )
  Orient Electric standalone net profit declines 14.50% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   07:40 )
  Orient Electric fixes record date for final divided
 ( Market Beat - Reports 30-Jun-23   17:15 )
  Orient Electric to discuss results
 ( Corporate News - 19-Jul-24   10:40 )
  Orient Electric grants 2.07 lakh stock options
 ( Corporate News - 30-Jan-23   20:55 )
  Orient Electric allots 66,521 equity shares under ESOS
 ( Corporate News - 30-Jan-23   20:54 )
  Volumes soar at Sanofi India Ltd counter
 ( Hot Pursuit - 14-Jul-22   11:00 )
  Orient Electric to hold AGM
 ( Corporate News - 01-Jul-23   18:44 )
  Orient Electric to table results
 ( Corporate News - 03-May-22   17:28 )
  Orient Electric schedules AGM
 ( Corporate News - 02-Jul-24   14:29 )
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