Orient Electric is one of the leading consumer electrical brands in India with a diverse portfolio of fans, lighting, home appliances and switch-gears. The company takes pride in its R&D capabilities, spirit of continuous innovation and commitment to manufacturing cutting-edge lifestyle electrical products that meet the needs and expectations of modern consumers.
Financial Results:
- Orient Electric Ltd reported Revenues for Q2FY24 of ₹567.00 Crores up from ₹511.00 Crore year on year, a rise of 10.96%.
- Total Expenses for Q2FY24 of ₹565.00 Crores up from ₹517.00 Crores year on year, a rise of 9.28%.
- Consolidated Net Profit of ₹18.00 Crores from -₹0.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.86, from -₹0.01 in the same quarter of the previous year.