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 standalone net profit rises 558.94% in the September 2020 quarter
 ( Results - Announcements 29-Oct-20   08:27 )
  Orient Electric standalone net profit declines 49.53% in the March 2023 quarter
 ( Results - Announcements 12-May-23   16:31 )
  Orient Electric sells land parcel in Hyderabad for Rs 35 crore
 ( Hot Pursuit - 26-Jul-23   10:20 )
  Orient Electric provides operations update
 ( Corporate News - 24-Jul-20   13:49 )
  Board of Orient Electric recommends Final Dividend
 ( Corporate News - 11-May-22   10:25 )
  Board of Orient Electric recommends Interim Dividend
 ( Corporate News - 29-Jan-21   17:11 )
  Orient Electric to table results
 ( Corporate News - 24-Jan-23   17:02 )
  Orient Electric to discuss results
 ( Corporate News - 20-Jul-20   14:20 )
  Board of Orient Electric recommends final dividend
 ( Corporate News - 13-May-23   11:12 )
  Orient Electric standalone net profit rises 75.15% in the March 2021 quarter
 ( Results - Announcements 13-May-21   08:11 )
  Orient Electric Q3 PAT declines 14.5% YoY to Rs 32 crore
 ( Hot Pursuit - 31-Jan-23   12:43 )
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