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Orient Electric standalone net profit declines 14.50% in the December 2022 quarter

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Capital Market

Sales rise 8.95% to Rs 739.04 crore

Net profit of Orient Electric declined 14.50% to Rs 32.56 crore in the quarter ended December 2022 as against Rs 38.08 crore during the previous quarter ended December 2021. Sales rose 8.95% to Rs 739.04 crore in the quarter ended December 2022 as against Rs 678.35 crore during the previous quarter ended December 2021. ParticularsQuarter EndedDec. 2022Dec. 2021% Var.Sales739.04678.35 9 OPM %7.429.80 -PBDT57.4462.77 -8 PBT43.5850.93 -14 NP32.5638.08 -14

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First Published: Jan 31 2023 | 7:40 AM IST

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