Stock Report

Orient Electric Ltd Q2 net profit up at Rs. 32.42 crore



Posted On : 2020-10-28 21:05:21( TIMEZONE : IST )

Orient Electric Ltd Q2 net profit up at Rs. 32.42 crore

Orient Electric Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.434.51 crores during the period ended September 30, 2020 as compared to Rs.179.64 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.32.42 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.(27.29) crores for the period ended June 30, 2020.

The company has reported EPS of Rs.1.52 for the period ended September 30, 2020 as compared to Rs.(1.29) for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 434.51 crs₹ 179.64 crsUp Tick 141.88%
Net Profit₹ 32.42 crs₹ (27.29) crsUp Tick 218.8%
EPS₹ 1.52₹ (1.29)Up Tick 217.83%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.434.51 crores during the period ended September 30, 2020 as compared to Rs.435.52 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.32.42 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.4.92 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.1.52 for the period ended September 30, 2020 as compared to Rs.0.23 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 434.51 crs₹ 435.52 crsDown Tick -0.23%
Net Profit₹ 32.42 crs₹ 4.92 crsUp Tick 558.94%
EPS₹ 1.52₹ 0.23Up Tick 560.87%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.614.15 crores during the 6 months period ended September 30, 2020 as compared to Rs.1004.38 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.5.13 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.23.79 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.0.24 for the 6 months period ended September 30, 2020 as compared to Rs.1.12 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 614.15 crs₹ 1004.38 crsDown Tick -38.85%
Net Profit₹ 5.13 crs₹ 23.79 crsDown Tick -78.44%
EPS₹ 0.24₹1.12Down Tick -78.57%

Shares of Orient Electric Ltd was last trading in BSE at Rs.203.2 as compared to the previous close of Rs. 203.25. The total number of shares traded during the day was 36618 in over 2136 trades.

The stock hit an intraday high of Rs. 209 and intraday low of 201.05. The net turnover during the day was Rs. 7497734.

Source : Equity Bulls

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