Stock Report

Orient Electric Ltd Q3FY23 net profit at Rs. 32.56 crores



Posted On : 2023-01-31 00:23:39( TIMEZONE : IST )

Orient Electric Ltd Q3FY23 net profit at Rs. 32.56 crores

Orient Electric Limited has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 747.65 crores during the period ended December 31, 2022 as compared to Rs. 517.06 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 32.56 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. -0.28 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.53 for the period ended December 31, 2022 as compared to Rs. -0.01 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹747.65 crs ₹517.06 crs Up Tick / Down Tick44.60%
Net Profit ₹32.56 crs ₹-0.28 crs Up Tick / Down Tick11,728.57%
EPS ₹1.53 ₹-0.01 Up Tick / Down Tick15,400.00%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.747.65 crores during the period ended December 31, 2022 as compared to Rs.679.24 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.32.56 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.38.08 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.53 for the period ended December 31, 2022 as compared to Rs.1.79 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹747.65 crs ₹679.24 crs Up Tick / Down Tick10.07%
Net Profit ₹32.56 crs ₹38.08 crs Up Tick / Down Tick-14.50%
EPS ₹1.53 ₹1.79 Up Tick / Down Tick-14.53%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.1891.53 crores during the 9 Months period ended December 31, 2022 as compared to Rs.1698.18 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.51.23 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.77.86 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.41 for the 9 Months period ended December 31, 2022 as compared to Rs.3.66 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹1891.53 crs ₹1698.18 crs Up Tick / Down Tick11.39%
Net Profit ₹51.23 crs ₹77.86 crs Up Tick / Down Tick-34.20%
EPS ₹2.41 ₹3.66 Up Tick / Down Tick-34.15%

Shares of Orient Electric Limited was last trading in BSE at Rs. 261.40 as compared to the previous close of Rs. 265.55. The total number of shares traded during the day was 8359 in over 722 trades.

The stock hit an intraday high of Rs. 267.45 and intraday low of 260.55. The net turnover during the day was Rs. 2211513.00.

Source : Equity Bulls

Keywords

OrientElectric Q3FY23 9MFY23 ResultUpdate