ALPHA TRIBE

Orient Technologies LimitedUpdates, 06-02-2025: Press Release

06-02-2025 | 08:13 pm

**Financial Highlights:** Total income for the nine months ended December 31, 2024, increased by 37.73% to ₹583.81 Cr. Revenues from operations grew by 37.22% to ₹578.85 Cr. EBITDA rose 29.90% to ₹53.32 Cr with an EBITDA margin of 9.13%. Profit Before Tax (PBT) increased by 31.32% to ₹48.99 Cr, reflecting a PBT margin of 8.39%. Profit After Tax (PAT) was up 35.80% at ₹37.00 Cr, with a PAT margin of 6.34%. Earnings per share (EPS) stood at ₹9.82, a growth of 25.65%.

**Strategic Initiatives and Growth Drivers:** The company has been awarded a contract for Managed Services Provider (MSP) for AWS workloads by Digital India Corporation, marking a significant opportunity to enhance cloud efficiency for critical national projects.

**Business Developments:** Orient Technologies won the HPE Storage Ranger Partner award for FY'24, underscoring its expertise in delivering innovative storage solutions.

**Market Position and Competitive Advantage:** The strategic partnership with the Ministry of Electronics and Information Technology (MeitY) positions Orient as a leader in digital transformation, enhancing its reputation and operational capabilities in the public sector.

**Investor Implications:** With strong revenue growth and strategic wins in key sectors, the outlook remains positive, creating potential growth opportunities for investors as the company continues to leverage its expertise in cloud and data management solutions.

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