Orient Electric reports 25% fall in Q3 net profit

01 Feb 2024 Evaluate

Orient Electric has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 25.28% fall in net profit at Rs 24.33 crore for the third quarter ended December 31, 2023 as compared to Rs 32.56 crore for the same quarter in the previous year. However, total income of the company increased by 1.14% at Rs 756.21 crore for Q3FY24 as compared Rs 747.65 crore for corresponding quarter of the previous year.

Orient Electric has established itself in the market as a one-stop brand for lifestyle electrical solutions which include fans, lighting, home appliances and switchgears.

Orient Electric Share Price

246.05 3.55 (1.46%)
23-Dec-2024 09:45 View Price Chart
Peers
Company Name CMP
Crompt.Greaves Cons. 389.25
Whirlpool Of India 1894.45
Bajaj Electricals 766.45
IFB Industries 1792.95
Orient Electric 246.05
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