Orient Electric announced that the Board of Directors of the Company at its meeting held on 1 February 2024, inter alia, have recommended the interim dividend of Rs 0.75 per equity Share (i.e. 75%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Orient Electric declined 25.28% to Rs 24.33 crore in the quarter ended December 2023 as against Rs 32.56 crore during the previous quarter ended December 2022. Sales rose 1.74% to Rs 751.93 crore in the quarter ended December 2023 as against Rs 739.04 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales751.93739.04 2 OPM %6.517.42 - PBDT47.8457.44 -17 PBT32.8043.58 -25 NP24.3332.56 -25 Powered by Capital Market - Live News

Orient Electric will hold a meeting of the Board of Directors of the Company on 1 February 2024.Powered by Capital Market - Live News

Net profit of Orient Electric reported to Rs 18.45 crore in the quarter ended September 2023 as against net loss of Rs 0.28 crore during the previous quarter ended September 2022. Sales rose 11.03% to Rs 566.90 crore in the quarter ended September 2023 as against Rs 510.59 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales566.90510.59 11 OPM %3.652.27 - PBDT18.8713.24 43 PBT4.690.13 3508 NP18.45-0.28 LP Powered by Capital Market - Live News

Net profit of Orient Electric rose 3.91% to Rs 19.69 crore in the quarter ended June 2023 as against Rs 18.95 crore during the previous quarter ended June 2022. Sales rose 13.51% to Rs 705.63 crore in the quarter ended June 2023 as against Rs 621.63 crore during the previous quarter ended June 2022. ParticularsQuarter Ended�Jun. 2023Jun. 2022% Var. Sales705.63621.63 14 OPM %6.236.14 - PBDT40.9238.18 7 PBT26.6025.39 5 NP19.6918.95 4 Powered by Capital Market - Live News