Orient Electric Q1 Results Live : profit falls by 27.17% YOY
Orient Electric Q1 Results Live : Revenue increased by 6.98% YoY & profit decreased by 27.17% YoY
Orient Electric Q1 Results Live : Orient Electric declared their Q1 results on 01 Aug, 2024. The topline increased by 6.98% & the profit decreased by 27.17% YoY. As compared to the previous quarter the revenue declined by 4.16% and the profit increased by 12.03%.
The Selling, general & administrative expenses rose by 10.13% q-o-q & increased by 14.69% Y-o-Y.
The operating income was up by 47.58% q-o-q & decreased by 24.1% Y-o-Y.
The EPS is ₹0.67 for Q1 which decreased by 27.17% Y-o-Y.
Orient Electric has delivered 4.82% return in the last 1 week, 30.97% return in last 6 months and 25.58% YTD return.
Currently Orient Electric has a market cap of ₹6206.81 Cr and 52wk high/low of ₹297.1 & ₹189 respectively.
As of 02 Aug, 2024 out of 17 analysts covering the company, 1 analyst has given Sell rating, 6 analysts have given Hold rating, 7 analysts have given Buy rating & 3 analysts have given Strong Buy rating.
The consensus recommendation as on 02 Aug, 2024 was to Buy.
Orient Electric Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 754.86 | 787.66 | -4.16% | 705.63 | +6.98% |
| Selling/ General/ Admin Expenses Total | 76.96 | 69.88 | +10.13% | 67.1 | +14.69% |
| Depreciation/ Amortization | 17.54 | 15.48 | +13.31% | 14.32 | +22.49% |
| Total Operating Expense | 732.34 | 772.4 | -5.19% | 675.96 | +8.34% |
| Operating Income | 22.52 | 15.26 | +47.58% | 29.67 | -24.1% |
| Net Income Before Taxes | 19.26 | 13.49 | +42.77% | 26.6 | -27.59% |
| Net Income | 14.34 | 12.8 | +12.03% | 19.69 | -27.17% |
| Diluted Normalized EPS | 0.67 | 0.6 | +11.67% | 0.92 | -27.17% |
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