Orient Electric Limited — Important, 25-04-2025: General Updates

Orient Electric Limited's Board has approved the audited financial results for the quarter and year ending March 31, 2025. The company reported total revenue from operations of ₹3,093.68 crore, a notable increase from ₹2,812.12 crore in the previous year. Net profit for the year stood at ₹83.21 crore, up from ₹75.27 crore, reflecting a growth trajectory.

The Board recommended a final dividend of ₹0.75 per equity share, complementing the interim dividend of ₹0.75, resulting in a total dividend of ₹1.50 per share for FY 2024-25, pending shareholder approval at the upcoming AGM.

Additionally, the Board announced the appointment of LABH & LABH Associates as secretarial auditors, subject to shareholder ratification. Key managerial changes include Ms. Diksha Singh taking over as Company Secretary and Compliance Officer from Ms. Dipti Mishra, who has resigned amid restructuring. Overall, Orient Electric presents a positive outlook, with consistent growth and strategic appointments signaling strong future potential.