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

02 Aug 2024

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.

ParticularsQuarter Ended
Jun. 2024Jun. 2023% Var.
Sales754.86705.63 7
OPM %5.316.23 -
PBDT36.8040.92 -10
PBT19.2626.60 -28
NP14.3419.69 -27

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