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Orient Electric reported strong Q1 FY27 results with 23.5% YoY revenue growth. The ECD segment revenue reached INR669 Cr, up 22.7% YoY, driven by double-digit fan sales growth and a 36% jump in BLDC fans. Lighting and Switchgear revenue increased by 25.4%. Profit after tax rose 79.7% to INR31.5 Cr, with EBITDA margin improving to 7% (+102 bps YoY). Gross margins moderated to 29.8% due to commodity inflation, which the company addressed with calibrated price hikes. 'Project Sanchay' delivered INR10 Cr in cost savings. Management remains confident in its multi-category growth strategy and distribution expansion.