Orient Electric standalone net profit declines 27.17% in the June 2024 quarter

Net profit of Orient Electric declined 27.17% to Rs 14.34 crore in the quarter ended June 2024 as against Rs 19.69 crore during the previous quarter ended June 2023. Sales rose 6.98% to Rs 754.86 crore in the quarter ended June 2024 as against Rs 705.63 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	754.86	705.63	7
OPM %	5.31	6.23	-
PBDT	36.80	40.92	-10
PBT	19.26	26.60	-28
NP	14.34	19.69	-27