Results     09-May-24
Announcements
Orient Electric standalone net profit declines 48.01% in the March 2024 quarter
Sales rise 19.72% to Rs 787.66 crore
Net profit of Orient Electric declined 48.01% to Rs 12.80 crore in the quarter ended March 2024 as against Rs 24.62 crore during the previous quarter ended March 2023. Sales rose 19.72% to Rs 787.66 crore in the quarter ended March 2024 as against Rs 657.91 crore during the previous quarter ended March 2023.

For the full year,net profit declined 0.76% to Rs 75.27 crore in the year ended March 2024 as against Rs 75.85 crore during the previous year ended March 2023. Sales rose 11.19% to Rs 2812.12 crore in the year ended March 2024 as against Rs 2529.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear Ended
 Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.
Sales787.66657.91 20 2812.122529.17 11
OPM %3.907.05 -5.135.97 -
PBDT28.9746.58 -38 136.60155.44 -12
PBT13.4932.84 -59 77.58101.94 -24
NP12.8024.62 -48 75.2775.85 -1

Previous News
  Orient Electric schedules AGM
 ( Corporate News - 02-Jul-24   14:29 )
  Orient Electric allots 5.33 lakh equity shares under ESOS
 ( Corporate News - 25-Jul-22   19:26 )
  Orient Electric to table results
 ( Corporate News - 03-May-22   17:28 )
  Orient Electric launches UV Sanitech, a boxshaped sanitisation chamber
 ( Corporate News - 17-Jul-20   10:21 )
  Board of Orient Electric recommends Interim Dividend
 ( Corporate News - 29-Jan-21   17:11 )
  Orient Electric to conduct board meeting
 ( Corporate News - 23-Jul-21   10:17 )
  Orient Electric receives reaffirmation in credit ratings from CARE
 ( Corporate News - 09-Jul-20   15:37 )
  Orient Electric resumes operations at both plants at Noida
 ( Corporate News - 22-May-20   09:41 )
  Orient Electric reports standalone net profit of Rs 18.45 crore in the September 2023 quarter
 ( Results - Announcements 03-Nov-23   14:15 )
  Orient Electric standalone net profit rises 172.65% in the December 2020 quarter
 ( Results - Announcements 30-Jan-21   07:59 )
  Board of Orient Electric gives in-principle approval for setting up manufacturing unit
 ( Corporate News - 27-Mar-19   14:08 )
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