Orient Electric Q4 Results Live : Orient Electric declared their Q4 results on 09 May, 2024, revealing a 19.72% increase in revenue but a significant 48.01% decrease in profit year-over-year.
Quarterly comparison shows a 4.75% growth in revenue and a 47.39% decline in profit.
The company experienced a 9.81% increase in Selling, general & administrative expenses quarter-over-quarter and a substantial 54.98% rise year-over-year.
Operating income took a hit, decreasing by 54.96% sequentially and 53.22% year-over-year.
Earnings per share (EPS) for Q4 were reported at ₹0.6, marking a 47.68% decrease from the previous year.
Orient Electric’s stock performance has been negative, with returns of -5% in the last week, -1.04% in the last 6 months, and -5.4% year-to-date.
The company currently holds a market cap of ₹4580.97 Cr, with a 52-week high/low of ₹262 & ₹189 respectively.
Analyst coverage as of 11 May, 2024, shows 1 Sell rating, 5 Hold ratings, 9 Buy ratings, and 2 Strong Buy ratings out of 17 analysts. The consensus recommendation is to Buy.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 787.66 | 751.93 | +4.75% | 657.91 | +19.72% |
| Selling/ General/ Admin Expenses Total | 69.88 | 63.64 | +9.81% | 45.09 | +54.98% |
| Depreciation/ Amortization | 15.48 | 15.04 | +2.93% | 13.74 | +12.66% |
| Total Operating Expense | 772.4 | 718.05 | +7.57% | 625.29 | +23.53% |
| Operating Income | 15.26 | 33.88 | -54.96% | 32.62 | -53.22% |
| Net Income Before Taxes | 13.49 | 32.8 | -58.87% | 32.84 | -58.92% |
| Net Income | 12.8 | 24.33 | -47.39% | 24.62 | -48.01% |
| Diluted Normalized EPS | 0.6 | 1.14 | -47.37% | 1.15 | -47.68% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹12.8Cr
Question : What is Q4 revenue?
Ans : ₹787.66Cr
Stay updated on quarterly results with our results calendar
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates & Live Business News.
Published: 11 May 2024, 02:54 AM IST
CAVALO - Be Unique Leather Diary Embossed With Leaf of Tree & a Quote Antique Handmade Leather Bound Diary cum Notepad for Men and Women Plain Paper of 5×7 Inch Size 240 Pages Perfect for Travel Diary
₹499.00 (as of July 26, 2024 08:18 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
MemeHo® Smart Standard Multi-Purpose Laptop Table with Dock Stand/Study Table/Bed Table/Foldable and Portable/Ergonomic & Rounded Edges/Non-Slip Legs/Engineered Wood with Cup Holder (Black)
₹697.00 (as of July 26, 2024 08:17 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
SORU FASHION Women's Banarasi Silk Saree With Un-stitched Blouse
(as of July 26, 2024 08:17 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
Parker Classic Gold Ball Pen| Ink Color - Blue | Gift For Employees | Leading Pen For Entrepreneurs
₹525.00 (as of July 26, 2024 08:18 GMT +00:00 - More infoProduct prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on [relevant Amazon Site(s), as applicable] at the time of purchase will apply to the purchase of this product.)
