{
  "id": 14663801,
  "title": "Orient Electric Q2 FY27 PAT Rises 124.4% To ₹27 Crore, Revenue Up 25.2%",
  "url": "https://urgent.news/2026/10/15/orient-electric-q2-fy27-pat-rises-124-4-to-27-crore-revenue-up-25-2",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-15T09:39:32.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/orient-electric-q2-fy27-pat-rises-1244-to-27-crore-revenue-up-252"
  },
  "original_language": "en",
  "account": "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.\n\nFinancial Highlights\nThe 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.\n\nStrong Performance Despite Inflation\nManaging 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.\n\nBusiness Segments Perform Well\nThe 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.\n\nHalf-Year Performance\nLooking 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.\n\nContact Information\nFor 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.",
  "summary": "Mumbai: Orient Electric Limited on Thursday announced its financial results for the second quarter (Q2) of financial year 2026-27, with PAT reaching ₹27.1 crore. This marks a substantial increase from ₹12.1 crore in the corresponding quarter of the previous fiscal year. Revenue Growth The company's revenue for Q2 FY27 stood at ₹879.3 crore, up from ₹702.6 crore in Q2 FY26. This represents a…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}