Integrated Filing- Financial
Orient Electric Limited has announced a board meeting to review the financial results for the quarter and nine months ended December 31, 2024. The company reported revenue from operations of ₹2,231.83 crore, up from ₹2,024.46 crore year-on-year.
Notably, a profit before tax of ₹70.11 crore reflects a solid performance, though it is lower than last year's ₹82.77 crore due to an exceptional item related to land sale.
An interim dividend of ₹0.75 per share was declared, which may enhance investor sentiment and indicate financial stability moving forward.
Overall, this sets a positive outlook for the company's ongoing growth.
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