Orient Electric Q2 FY27 PAT Rises 124.4% To ₹27 Crore, Revenue Up 25.2%

Orient Electric Limited disclosed its second quarter (Q2) financial results for the fiscal year 2026-27 on Thursday. The profit after tax (PAT) surged to ₹27.1 crore, a significant rise from ₹12.1 crore in the same quarter last year. Revenue also increased year-on-year by 25.2% to ₹879.3 crore, up from ₹702.6 crore in Q2 of the previous year.

Financial Highlights

The company reported an EBITDA of ₹56.8 crore for Q2 FY27, marking a 49.7% growth from ₹37.9 crore in Q2 FY26. The EBITDA margin improved to 6.5%, expanding by 106 basis points compared to the previous quarter.

Strong Performance Despite Inflation

Managing Director and CEO Ravindra Singh Negi highlighted that the company managed to deliver solid performance despite inflationary pressures. He attributed this success to gains in market share and improved EBITDA margins.

Business Segments Perform Well

The Electrical Consumer Durables segment continued to thrive, buoyed by new product launches in BLDC Fans and Consumer Lighting. BLDC fans showed a 26% growth in their portfolio. Additionally, categories like Switches, Switchgear, and Wires outperformed industry benchmarks, contributing to the company's overall growth.

Half-Year Performance

Looking at the first half of FY27, Orient Electric's revenue reached ₹1,829.1 crore, representing a 24.3% rise from ₹1,471.7 crore in the first half of the previous year. The profit after tax for H1 FY27 was ₹58.5 crore, up by 97.9% from ₹29.6 crore in the same period last year.

Contact Information

For investor queries, Sambhav Jain is the designated point of contact. Corporate communications can be directed to Garima Arora. Media inquiries should be addressed to Snigdha Sidhra from Burson PR Agency.