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Orient Electric Ltd Q4FY24; 48% fall in Profits

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 Q4FY24 of ₹788.00 Crores up from ₹658.00 Crore year on year, a rise of 19.76%.

Total Expenses for Q4FY24 of ₹779.00 Crores up from ₹632.00 Crores year on year, a rise of 23.26%.

Consolidated Net Profit of ₹13.00 Crores down 48.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.60, down 48.28% from ₹1.16 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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