Interim report
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Orient Electric Limited - a CKA Birla Group Company CIN No.: L31100OR2016PLC025892 240, Okhla Industrial Estate, Phase III, New Delhi 110020, India Tel: +91 011-41325060 Regd. Office: Unit VIII, Plot No.7, Bhoinagar, Bhubaneswar, Odisha 751012 investor@orientelectric.com www.orientelectric.com Ref: OEL/BSE-NSE/2026-27/28 July 22, 2026 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block Bandra Kurla Complex Bandra (E), Mumbai 400051 Symbol: ORIENTELEC BSE Limited Phiroze Jeejeebhoy Towers Fort, Dalal Street Mumbai – 400001 Scrip Code: 541301 Dear Sir/ Madam, Sub.: Outcome of the Board Meeting held on Wednesday, July 22, 2026. Ref: Regulation 33 read with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"). This is to inform you that the Board of Directors of the Company at their meeting held today, i.e., July 22, 2026, inter-alia, considered and approved the Un-audited Financial Results of the Company for the quarter ended June 30, 2026. These Financial Results were subjected to Limited Review by the Statutory Auditors of the Company. Pursuant to applicable provisions of SEBI Listing Regulations, please find enclosed the Un-audited Financial Results along with Limited Review Report of S. R. Batliboi & Co. LLP, (Firm Registration Number is 301003E/E300005), Statutory Auditors of the Company. The meeting of Board of Directors commenced at 12:20 p.m. and concluded at 01:25 p.m. The above details will also be available on the website of the Company at https://orientelectric.com/pages/notice-stock-exchange-disclosures . We request you to take the aforesaid information on your records. Thanking you, For Orient Electric Limited Diksha Singh Company Secretary Encl.: as above CKA Birla Group I a ori~nt electric
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S.R. BATLIBO! & Co. LLP Chartered Accountants 67, Institutional Area Sector 44, Gurugram - 122 003 Haryana, India Tel: +91124 681 6000 Independent Auditor's Review Report on the Quarterly Unaudited Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Revie'\-v Report to The Board of Directors Orient Electric Limited I. We have reviewed the accompanying statement of unaudited financial results of Orient Electric Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosme Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in fndian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Inclepenclent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit op1111on. 4. Based on om review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid clown in the aforesaid Incl ian Accounting Standards ('lncl AS') specified under Section 13 3 of the Companies Act, 20 I 3 as amenclecl, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be clisclosecl in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. BA TLIBOI & Co. LLP Chartered Accountants ICAI Firm registration numbe1·: 301003E/E300005 p!ifitc. Partner Membership No.: 50 I 396 UDIN: 26501396EMWLNK6904 Place: New Delhi Date: July 22, 2026 (, P, B:1t[ [, ;r i;._ ::,; I 1.e', ri I mi : .I! I 1, 1 :, Ii;·, iJ,1, 1.:1 •; 1,1,: ·.-.1: ll 11.f' !.J f•..::•.i:: Jf.1.·t: ,' ' \ ·,,11,_,.' ..:11\·•:l f:. • \.. L1 _: :;Ii l_ ,: !.,
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SI. No. 1 2 3 4 5 6 7 8 9 10 11 12 ORIENT ELECTRIC LIMITED [Regd. Office : Unit VIII Plot 7 Bhoinagar Bhubaneswar ~ 751012 (Odisha)] Tel:(0674)2396930 E-mail:investor@orientelectric.com CIN: L31100OR2016PLC025892 CKA Birla Group Q ~!;i,~cnt Statement of Financial Results for the Quarter ended June 30, 2026 (All amounts in Rupees Crore s, unless otherwise st.it ed) Quarter ended Year ended Particulars 30-June -26 31-March-26 30-June-25 31-March-26 (Unaudited) (Audited) (Unaudited) (Audited) (refer note 4) Income (a) Revenue from Operations 949.76 948.25 769.08 3,326.39 (b) Other Income 4.36 3.47 2.48 10.01 Total Income (a+b) 954.12 951 .72 771.56 3,336.40 Expenses (a) Cost of raw materials and components consumed 297.13 279,89 213.30 851.73 (b) Purchase of traded goods 444.66 363.25 305.33 1,417.68 (c) Changes in inventories of finished goods, work-in-progress and traded goods (75.14) 11.41 (0.12) 20 .83 (d) Employee Benefits Expense 84.48 78.89 76.28 307.95 (e) Finance Costs 5.74 5.33 5.45 22.56 (f) Depreciation and Amortisation Expense 18.80 19.62 19.45 77 .06 (g) Other Expenses 132.03 137.43 128.21 499.14 Total Expenses 907.70 895.82 747.90 3,196.95 Profit before exceptional item and tax for the period/year(1-2) 46.42 55.90 23.66 139.45 Exceptional Item (Refer note 5) 3,96 1.51 . 10.16 Profit before tax for the period/year (3-4) 42.46 54.39 23.66 129.29 Income Tax expenses a) Current Tax 12.67 17.33 7.77 42.28 b) Deferred Tax (credit) (1.70) (3.22) (1 .63) (8 .83) Total Tax Expenses 10.97 14.11 6.14 33.45 Profit for the period/year (5-6) 31.49 40.28 17.52 95.84 Other comprehensive income not to be reclassified to Profit and Loss in subsequent periods/year Re-Measurement gainl(losses) on defined benefit Plans 0.08 (0.08) 0.05 0 .32 Income Tax effect [(charge)/credit] (0,02) 0,02 (0,01) (0.08) Other comprehensive incomel(loss) (net of tax) 0.06 (0.06) 0.04 0,24 Total comprehensive income/(loss) fort.he period/year (7+8) 31.55 40.22 17.56 96.08 Paid-up equity share capital (Face value per share: Re.1/- each) 21.34 21.34 21.34 21.34 Other Equity excluding revaluation reserve as per the audited balance sheet 738.76 Earning per Equity Share of face value of Re.1/- each (Not annualized for quarters) Basic EPS (in Rs.) 1.48 1.89 0.82 4,49 Diluted EPS (in Rs.) 1.48 1.89 0.82 4.49 Notes:- The above financial results of the Company were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on July 22, 2026. 2 These financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 (as amended). As per IND AS 108 - Operating Segments, the Company has two reportable segments namely Electrical Consumer Durables and Lighting & Switchgear . The financial information for these segments are accompanying the financial results as per IND AS 108. Operating Segments. 4 The figures of quarter ended March is the balancing figures between audited figures in respect of full financial year and unaudited published year to date figures upto December; being the date of end of the third quarter of the respective financial year, which were subjected to limited review. 5 a) Pursuant to approval of Board of directors relating to consolidation of manufacturing facilities at Naida (U.P), the Company has recognised a loss of Rs 3.96 crores in current quarter and Rs 1.51 crores in the previous year and quarter ended March 31, 2026 arising from write-down of capital assets to their Net Realizable Value (NRV) which has disclosed as an "Exceptional Item" in these financial results. b) In previous year, pursuant to the notification of the 'New Labour Codes' as issued in November 2025, the Company reassessed its employee benefit obligations in accordance with the revised definition of wages and accordingly, an incremental liability of Rs 8.65 crores had been disclosed as an "Exceptional Item" in previous year ended March 31, 2026. Date: July 22, 2026 Place: New Delhi For and on behalf of the Board ~ ::~ (DIN: 10627944) Paga 1 of2
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SI. No. 1 2 3 4 CKA Birla Group Q ~l},~,nt ORIENT ELECTRIC LIMITED 1Regd. Office: Unit VIII, Plot 7 Bholnagar, Bhubaneswar - 751012 (Odishal) Tel:(0674)2396930 E-mail:investor@orientelectric.com CIN: L31100OR2016PLC025892 Statement of Segment wise Revenue, Results. Assets and Liabilities for the Quarter ended June 30, 2026 (All amounts in Rupees Crores, unless otherwise stated) Quarter ended Year Ended Particulars 30-June-26 31-March-26 30-June-25 31-Mar-26 (Unaudited) (Audited) (Unaudited) (Audited) (refer note 4) Segment Revenue : a) Electrical Consumer Durables 668.74 661 .1 4 545.00 2,293.77 b) Lighting & Switchgear 281.02 287.1 1 224.08 1,032.62 Total 949.76 948.25 769.08 3,326.39 Less : Inter segment revenue . - . - Net sales/income from operations 949.76 948.25 769.08 3,326.39 Segment Results {Profit (+)/Loss(-) before interest & tax from each segment} : a) Electrical Consumer Durables 58.26 75.41 36.93 225.19 b) Lighting & Switchgear 42.12 40.38 38.96 138.28 Total 100.38 115.79 75.89 363.47 Less: (i) Finance costs 4.40 4.04 4.16 17.75 (ii) Other un-allocable expenditure net of un-allocable income 49.56 55.85 48.07 206.27 (iii) Exceptional Item (Refer note 5) 3,96 1.51 - 10.16 Profit before Tax 42.46 54.39 23.66 129.29 Segment Assets : a) Electrical Consumer Durables 953.44 987.25 850.45 987.25 b) Lighting & Switchgear 475.50 436.85 381.58 436.85 c) Unallocated 301.47 242.51 226.82 ; 242.51 Total 1,730.41 1,666.61 1,458.85 1,666.61 Segment Liabilities : a) Electrical Consumer Durables 552.64 514.74 412.40 514.74 b) Lighting & Switchgear 255.32 248.55 234.57 248.55 c) Unallocated 129.88 143.22 99.52 143.22 Total 937.84 906.51 746.49 906.51 Page 2 of2