Revenue rises 11 per cent year-on-year; board approves 75 per cent interim dividend
Orient Electric on Thursday reported a 4.37 per cent year-on-year decline in net profit to Rs 25.98 crore for the December quarter of FY26. The CKA Birla Group company had posted a profit of Rs 27.17 crore in the same quarter last year, according to a regulatory filing by Orient Electric or OEL.
Despite the dip in profitability, the company recorded strong top-line growth. Revenue from operations rose 11 per cent to Rs 906.45 crore in Q3 FY26, compared with Rs 816.82 crore in the corresponding period of the previous financial year.
Revenue from the Electrical Consumer Durables segment increased 12.6 per cent year-on-year to Rs 646.72 crore, up from Rs 574.33 crore in the year-ago quarter. The Lighting and Switchgear business also posted growth, with revenue rising 7.1 per cent to Rs 259.73 crore.
Total expenses during the quarter climbed 10.55 per cent to Rs 864.42 crore. OEL’s total income, including other income, stood at Rs 908 crore, reflecting an 11 per cent increase.
Separately, the company said its board has approved an interim dividend of 75 per cent, amounting to Rs 0.75 per equity share of face value Rs 1 each, for the financial year 2025–26.
Shares of Orient Electric were trading at Rs 178.50 on the BSE on Thursday, up 4.72 per cent from the previous close.
