Orient Electric Limited, part of the diversified CKA Birla Group, announced its financial results for Q1 FY27. The company reported revenue of ₹949.8 crore for the quarter, driven by growth across segments. The Electrical Consumer Durables (ECD) grew by 22.7%, while Lighting and Switchgear grew by 25.4%. The fans business posted strong growth during the summer season, with the BLDC fan portfolio recording a robust 36% revenue growth, reflecting continued demand for company’s premium and energy-efficient products.
The company reported EBITDA margins of 7.0% up by 102 bps YoY, while PAT increased by 79.7% YoY, supported by disciplined cost management and improved portfolio mix amidst continued commodity price pressures.
Ravindra Singh Negi, MD & CEO, Orient Electric Limited, said, “We delivered a healthy first-quarter performance despite a challenging operating environment and continued inflationary pressures. Growth was broad-based, led by strong momentum in our Electrical Consumer Durables and Lighting businesses. Our continued investment in the emerging Switchgear and Wires businessesis helping build a more balanced portfolio. In Fans, we continued to drive premiumisation through innovation and new product launches, including Aerosilent, alongside sustained growth of our BLDC portfolio. Focused pricing actions, an improved product mix and disciplined cost management enabled us to deliver margin expansion during the quarter.”
Financial Snapshot
