Orient Electric Limited — Board Meeting, 25-10-2024: Outcome of Board Meeting

Orient Electric Limited's Board approved its unaudited financial results for Q2 and H1 FY2024, reporting revenues of ₹1,415.01 crores and a profit of ₹33.49 crores. The company disclosed a profit of ₹18.68 crores from the sale of land and reported a basic EPS of ₹1.16. The segment revenue from Electrical Consumer Durables reached ₹984.38 crores, while Lighting & Switchgear generated ₹430.63 crores. Total assets stood at ₹1,403.47 crores as of September 30, 2024.