Consumer Electronics company Orient Electric announced Q2FY27 results Financial Highlights: Revenue from Operations: Q2FY27: Stood at Rs 879.34 crore, registering a YoY growth of 25.15% (compared to Rs 702.61 crore in Q2FY26) and a QoQ decline of 7.41% (from Rs 949.76 crore in Q1FY27). H1FY27: Reached Rs 1,829.10 crore, up by 24.29% YoY from Rs 1,471.69 crore in H1FY26. Total Income: Q2FY27: Recorded at Rs 883.26 crore, reflecting a YoY increase of 25.27% (from Rs 705.11 crore in Q2FY26) and a QoQ decrease of 7.43% (from Rs 954.12 crore in Q1FY27). H1FY27: Stood at Rs 1,837.38 crore against Rs 1,476.67 crore in H1FY26. Profit Before Tax (PBT): Reached Rs 36.47 crore, marking a robust YoY growth of 123.74% (from Rs 16.30 crore in Q2FY26) but a QoQ decline of 14.11% (from Rs 42.46 crore in Q1FY27). Profit for the Period (PAT): Q2FY27: Stood at Rs 27.06 crore, demonstrating a significant YoY surge of 124.38% (compared to Rs 12.06 crore in Q2FY26) and a QoQ decline of 14.07% (from Rs 31.49 crore in Q1FY27). H1FY27: Grew substantially by 97.94% YoY to Rs 58.55 crore, up from Rs 29.58 crore in H1FY26. Total Comprehensive Income: Posted at Rs 27.12 crore, jumping 122.84% YoY (from Rs 12.17 crore in Q2FY26) and dropping 14.04% QoQ (from Rs 31.55 crore in Q1FY27). Business & Segment Highlights: Electrical Consumer Durables: Revenue for Q2FY27 was Rs 550.50 crore, recording a 24.86% YoY increase (from Rs 440.91 crore in Q2FY26) and a 17.68% QoQ decrease (from Rs 668.74 crore in Q1FY27). The segment result (profit before interest and tax) stood at Rs 52.24 crore. Lighting & Switchgear: Revenue for Q2FY27 stood at Rs 328.84 crore, showcasing a 25.66% YoY growth (from Rs 261.70 crore in Q2FY26) and a 17.02% QoQ growth (from Rs 281.02 crore in Q1FY27). The segment reported a profit of Rs 40.84 crore. Consolidation of Manufacturing Facilities: Pursuant to the Board of Directors' approval relating to the consolidation of manufacturing facilities at Noida (U.P.), the Company recognized a loss of Rs 3.96 crore in the previous quarter (Q1FY27). This arose from the write-down of capital assets to their Net Realisable Value (NRV) and was disclosed as an "Exceptional Item". Asset Held for Sale: The Company has entered into an agreement to sell a dwelling unit in New Delhi with a net book value of Rs 1.42 crore. The execution and registration of the sale deed are currently pending, and the property has been classified as an 'Asset held for sale'. Ravindra Singh Negi, Managing Director & CEO, Orient Electric, said: “Despite continued inflationary pressures, we delivered a strong performance, gaining market share in our core categories and improving EBITDA margins. Our Electrical Consumer Durables business continued to gain momentum with innovation-led new product launches in BLDC Fans and Consumer Lighting. Emerging categories including Switches, Switchgear and Wires, also outperformed the industry and further strengthened portfolio growth. As we enter the festive season, we remain focused on capitalising on demand opportunities and reaching more customers. Our One Orient strategy is central to this journey, bringing together our strengths across businesses to accelerate innovation, expand reach and sharpen market execution.” Result PDF