Orient Electric Limited announced its financial results for Q2 FY27, delivering robust growth across its portfolio. The company reported revenue of ₹879.3 crore for the quarter, registering a growth of 25.2% year-on-year compared to ₹702.6 crore in Q2 FY26. Profit After Tax (PAT) increased by 124.4% to ₹27.1 crore from ₹12.1 crore in the same quarter last year.
EBITDA for the quarter stood at ₹56.8 crore, growing by 49.7% year-on-year from ₹37.9 crore in Q2 FY26. EBITDA margin improved to 6.5%, expanding by 106 basis points year-on-year from 5.4%. The company attributed this margin expansion to premiumisation, strategic execution, and sustained operating efficiencies.
Gross profit for the quarter was ₹255.2 crore, representing a 15.2% increase year-on-year from ₹221.5 crore. However, gross margin declined to 29.0% from 31.5% in Q2 FY26, a decrease of 251 basis points.
On a sequential basis, revenue declined 7.4% from ₹949.8 crore in Q1 FY27, while PAT decreased 14.1% from ₹31.5 crore in the previous quarter. EBITDA also declined 14.7% sequentially from ₹66.6 crore in Q1 FY27.
For the first half of FY27 (H1 FY27), the company reported revenue of ₹1,829.1 crore, up 24.3% from ₹1,471.7 crore in H1 FY26. PAT for H1 FY27 stood at ₹58.5 crore, showing 97.9% growth from ₹29.6 crore in the same period last year. EBITDA for the first half was ₹123.4 crore, up 46.9% year-on-year from ₹84.0 crore, with EBITDA margin expanding 104 basis points to 6.7%.
The company's BLDC fan portfolio recorded double-digit growth of 26% during the quarter. Management commentary from Ravindra Singh Negi, Managing Director and CEO, highlighted that despite continued inflationary pressures, the company delivered strong performance with market share gains in core categories. The Electrical Consumer Durables business continued momentum with innovation-led new product launches in BLDC Fans and Consumer Lighting. Emerging categories including Switches, Switchgear and Wires outperformed the industry.
The company stated it remains focused on capitalizing on festive season demand opportunities and reaching more customers through its One Orient strategy, which brings together strengths across businesses to accelerate innovation, expand reach and sharpen market execution.
Orient Electric Limited is part of the diversified CKA Birla Group and has presence in over 30 countries with a distribution network reaching 135,000 retail outlets and service network covering more than 450 cities.