Conference Call with Orient Electric Management and Analysts on Q3FY23 Performance and Outlook. Listen to the full earnings transcript.
Consumer electronics firm Orient Electric announced Q3FY23 results: Q3FY23: Sales Rs 739 crore up +8.9% YoY, up +44.7% QoQ, up +14.2% 3Y CAGR. ECD Rs 539 crore up +11.9% YoY, up +73.8% QoQ, up +18.4% 3Y CAGR. Lighting & Switchgear Rs 200 crore up +1.6% YoY, down -0.2% QoQ, up +5.4% 3Y CAGR. Gross Profit Rs 212 crore up +13.0% YoY, up +57.6% QoQ, up 28.6% Gross Margin (+102bps YoY; +234bps QoQ). EBITDA Rs 55 crore down -17.5% YoY, up +372.9% QoQ, 7.4% EBITDA Margin (-237bps YoY; +515bps QoQ). PAT Rs 32 crore down -14.5% YoY, 4.4% PAT Margin (-121bps YoY; +447bps QoQ). Net Cash Position Rs 196 crore up +133% YoY. Result PDF