Orient Electric Q1 FY27 Revenue Up 23.5% to ₹949.8 Cr, PAT Jumps 79.7%

Orient Electric Limited announced its unaudited financial results for the first quarter of FY27, reporting a significant 23.5% year-on-year increase in revenue to ₹949.8 crore. This growth was driven by strong performance across its segments, with Electrical Consumer Durables (ECD) growing by 22.7% and Lighting and Switchgear by 25.4%. The fans business saw robust growth, particularly the BLDC fan portfolio which grew by 36%. Profit After Tax (PAT) surged by 79.7% YoY to ₹31.5 crore. The company also reported an improvement in EBITDA margins to 7.0%, up 102 bps YoY, attributed to disciplined cost management and an improved product mix, despite commodity price pressures. The company highlighted its strategic investments in emerging Switchgear and Wires businesses and premiumization efforts in its fan segment.