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
Consumer Electronics company Orient Electric Announced Q1FY23 Result : Q1 Revenue CAGR of 14% FY18-FY23 Q1FY23 showed QoQ resilience to RM inflation EBITDA margins in line with pre covid Levels Raw material pressure evident due to commodity inflation Working capital days reduces YoY to 33 days Coolers and Water heaters witness strong traction L&S; segment EBIT margins at 13% ECD segment revenue at Pre covid levels L&S; segment clocks in an all time high Q1 revenue Result PDF