The standalone net profit of Orient Electric Limited for the first quarter of the current financial year (Q1YFY24) saw a rise of 3.9 per cent to Rs 19.69 crore, compared to Rs 18.95 crore for the corresponding quarter of the previous year, the company said in a BSE filing.
Sequentially, the net profit was down 20.02 per cent. In Q4FY23, the net profit of the company was Rs 24.62 crore.
The revenue from operations for Q1FY24 came in at Rs 705.63 crore, compared to Rs 621.63 crore year-on-year (YoY), rising 13.51 per cent.
