Orient Electric Limited, a prominent player in the electrical consumer durables and lighting sector, has announced its financial results for the first quarter, showcasing modest revenue growth and a significant increase in profitability.

Financial Highlights

Orient Electric reported a revenue of ₹769.08 crore for Q1 FY2026, representing a 1.9% increase from ₹754.86 crore in the same quarter of the previous fiscal year. The company's net profit for the quarter stood at ₹17.52 crore, a substantial 22% increase compared to ₹14.34 crore in Q1 FY2025.

The company's earnings per share improved to ₹0.82 from ₹0.67 year-on-year, reflecting the growth in profitability.

Segment Performance

Orient Electric operates in two primary segments:

1. Electrical Consumer Durables: This segment generated revenue of ₹545.00 crore in Q1 FY2026.
2. Lighting & Switchgear: The segment reported revenue of ₹224.08 crore for the quarter.

Corporate Governance

The Board of Directors approved the unaudited financial results for Q1 FY2026. Additionally, the Board appointed Deloitte Touche Tohmatsu India LLP as the Internal Auditor for FY 2025-26, reinforcing the company's commitment to robust internal controls and financial practices.

Challenges

Orient Electric faces ongoing GST disputes totaling ₹63.20 crores across multiple states. However, the management believes it has a strong case and has not made provisions against these demands.

Outlook

As Orient Electric continues to navigate the dynamic market landscape, its focus on operational efficiency and product innovation is expected to play a crucial role in sustaining growth and profitability in the coming quarters.

Orient Electric , a prominent player in the consumer electrical goods sector, has reported a robust performance for the fourth quarter of the fiscal year. The company's revenue grew by 9.40% year-over-year, reaching Rs 8.60 billion, driven primarily by strong growth in its Lighting and Switchgears segment.

Segment Performance

Lighting and Switchgears Lead the Way

The Lighting and Switchgears segment emerged as the star performer for Orient Electric, registering an impressive growth of 12.50% compared to the same quarter last year. This segment's strong performance played a crucial role in driving the company's overall revenue growth.

Fans Segment Shows Resilience

Despite a soft start to the fourth quarter, the Fans segment of Orient Electric demonstrated resilience by achieving high single-digit growth. This performance indicates the segment's ability to recover and contribute positively to the company's overall revenue.

Market Share Gains in B2C Lighting

Orient Electric made significant strides in the B2C lighting market during the quarter. The company reported gaining approximately 200 basis points in market share, accompanied by high double-digit volume growth. This achievement underscores the company's strengthening position in the competitive lighting industry.

Revenue Breakdown

Orient Electric's Q4 results highlight the company's ability to navigate market challenges and deliver growth across its key segments. The significant market share gain in B2C lighting and the strong performance of the Lighting and Switchgears segment position the company well for future growth in the consumer electrical goods market.