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Incorporated in 1983, Orbit Exports Ltd is in the business of Manufacturing of Textile and Windmill Power Generation
Orbit Exports delivered strong Q1 FY27 results: Revenue +19.3% to ₹75.15 Cr, PAT +75.8% to ₹25.06 Cr. EPS hit ₹9.45. The company declared a ₹0.50/share dividend and announced a post-quarter buyback. US tariff easing and India-UK FTA are tailwinds, but Middle East crisis elevates shipping costs.
Orbit Exports' board approved a buyback of 11.04 lakh shares at ₹250/share via tender offer, totaling ₹27.60 Cr. This strategic move aims to return capital to shareholders.
Orbit Exports clarified director Ms. Raveena Modi's appointment. She joins as a Non-Executive Director, with her independent status and induction into Audit, NRC, and CSR Committees effective upon her independent director registration.
Orbit Exports Limited has informed the Exchange about General Updates
Orbit Exports' board extended the Secretarial Auditors' term for five years. The company also announced a revised schedule for its Annual General Meeting.