Orient Electric Posts Q1 Results with Total Income Reaching 954.12 Crores

Orient Electric Posts Q1 Results with Total Income Reaching 954.12 Crores​

Orient Electric Limited has announced its Unaudited Financial Results for the quarter ending June 30, 2026, following approval by its Board of Directors. The company reported total income and profit metrics across both the financial quarter and comparative periods.

The results show strong revenue performance, with the company reporting a total income of 954.12 Crores for the current quarter (Q ended June 30, 2026). Expenses for the period stood at 907.70 Crores, leading to a Profit for the period of 31.49 Crores.

The comprehensive financial performance and segment-wise results are detailed below:

Segment Performance Overview​

Orient Electric Limited operates two reportable segments: Electrical Consumer Durables and Lighting & Switchgear. The company's segment results indicate active performance across both categories in the current quarter.

In terms of sales, the Electrical Consumer Durables segment generated a revenue of 668.74 Crores, while the Lighting & Switchgear segment contributed 281.02 Crores in net sales/income from operations for the quarter ended June 30, 2026.

The segment-wise results before interest and tax showed that Electrical Consumer Durables recorded a Profit of 58.26 Crores, compared to 75.41 Crores in the previous audited period (Qended March 31, 2026). The Lighting & Switchgear segment reported a profit of 42.12 Crores for the quarter, up from 40.38 Crores in the preceding quarter.

Financial data for the two segments is consolidated as follows:

Financial Metrics and Key Notes​

For the entire company in the quarter ended June 30, 2026:

• Profit before tax: The company reported a Profit before tax of 42.46 Crores.
• Income Tax Expenses: Total tax expenses for the period were 10.97 Crores, comprising Current Tax of 12.67 Crores and Deferred Tax (credit) of (1.70) Crores.
• Total Comprehensive Income: The company registered a total comprehensive income of 31.55 Crores for the quarter.

A significant operational note provided was regarding the classification of an Exceptional Item. A loss of Rs 3.96 crores was recognized in the current quarter, and Rs 1.51 crores in the previous year, relating to the write-down of capital assets to their Net Realizable Value (NRV), following the approval of board decisions concerning the consolidation of manufacturing facilities at Naida (U.P).

In addition, one note stated that in the previous financial year, an incremental liability of Rs 8.65 crores had been disclosed as an "Exceptional Item" after reassessing employee benefit obligations based on the notification of the 'New Labour Codes'.

ORIENTELEC Stock Price Movement​

As of 1:41 PM, shares of Orient Electric Limited are edging higher to ₹180, having gained ₹1.49 or 0.83% in the current live trading session. The stock shows active interest with nearly 1.8 million shares transacted so far during the day's market activity.