Orient Technologies Ltd News
Orient Technologies Q2FY25 results: Net profit rises 62.5% to Rs 15 cr
Cloud and data management solutions provider Orient Technologies has reported a 62.52 per cent year-on-year increase in net profit to Rs 15.05 crore for the September quarter of the ongoing fiscal year. It had reported a net profit of Rs 9.26 crore in the year-ago period, it said in a regulatory filing. Revenue from operations for the quarter under review came in at Rs 223.14 crore, 49.35 per cent higher than Rs 149.40 crore a year earlier. Seen sequentially, profit and revenue rose 62.17 per cent and 49.91 per cent, respectively. "As we move into Q3, we have a robust pipeline in place, filled with high-potential opportunities that we are excited to bring to fruition. With a stable market environment, Orient is well-positioned to accelerate its momentum and pursue ambitious growth objectives," Orient Technologies Chairman and Managing Director Ajay Sawant said. The Mumbai-headquartered firm's employee count was 1,517 as of September 30 this year. Shares of Orient Technologies wer
 "Orient Technologies Q2FY25 results: Net profit rises 62.5% to Rs 15 cr")
Orient Technologies share price soars 15% to hit 52-week high on Q2 results
The northward move in the company's stock price follows its announcement of financial results for the second quarter of FY25
 "Orient Technologies share price soars 15% to hit 52-week high on Q2 results")
This recently listed IT stock zoomed 101% over IPO price; up 48% in 5 days
Orient Technologies hit a new high of Rs 414, as they 14% in Wednesday's intra-day trade, zooming 101% against issue price of Rs 206 per share.
 "This recently listed IT stock zoomed 101% over IPO price; up 48% in 5 days")
Orient Technologies Q1 PAT rises over 30% YoY; stock gains 6%
Orient Technologies registered a strong performance in Q1FY25, the first quarter for which it has reported results after listing on the bourses, with its PAT rising over 30 per cent Y-o-Y
 "Orient Technologies Q1 PAT rises over 30% YoY; stock gains 6%")
