Orbit Exports Reports 53% Jump in Q1 Net Profit to 150 Crore Rupees Jul 23, 2025
More news about Orbit Exports
15Jul 25
Orbit Exports to Acquire 26% Stake in K&H Construction for Solar Power Project
Orbit Exports Limited plans to acquire a 26% stake in K&H Construction Private Limited for up to 75 lakhs rupees. The acquisition is part of Orbit Exports' strategy to develop a 2MW Solar Captive Generating Plant in south Gujarat, expected to be completed by March 2026. This move aims to reduce the company's carbon footprint and achieve cost savings through captive power consumption. K&H Construction, incorporated in 2011, specializes in solar power generation but currently has no turnover.
Orbit Exports Ltd. reported a 17.86% increase in net profit to ₹66.00 crore and a 14.25% rise in revenue to ₹497.00 crore for Q4 FY2023. The company's EBITDA margin improved to 23.11%. Additionally, Orbit Exports allotted 41,500 equity shares under its employee stock option scheme and plans to establish a wholly-owned subsidiary in Dubai, UAE.