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Orient Electric standalone net profit rises 61.99% in the December 2019 quarter

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Capital Market

Sales rise 17.90% to Rs 495.69 crore

Net profit of Orient Electric rose 61.99% to Rs 19.05 crore in the quarter ended December 2019 as against Rs 11.76 crore during the previous quarter ended December 2018. Sales rose 17.90% to Rs 495.69 crore in the quarter ended December 2019 as against Rs 420.43 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales495.69420.43 18 OPM %9.136.42 -PBDT39.8923.86 67 PBT29.4717.72 66 NP19.0511.76 62

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First Published: Jan 28 2020 | 4:58 PM IST

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