Orient Technologies Q1 Results, Revenue Decline to ₹14,931.08 Lakhs with Profit at ₹928.42 Lakhs

Orient Technologies Q1 Results 2024 - 2025: Orient Technologies announced its Q1 results on September 13, 2024, showing a decrease in revenue by 17.87% compared to the previous quarter (QoQ).

The company's total income for the quarter ended June 30, 2024, was ₹14,931.08 lakhs, down from ₹18,364.18 lakhs in Q4 of 2023. This drop in revenue reflects challenges in the IT infrastructure sector, where the company operates, and you can see how the changes in the market may have impacted their performance.

In terms of profit, Orient Technologies reported a profit of ₹928.42 lakhs for Q1, which is a decline of 34.37% year-over-year (YoY) from ₹1,416.33 lakhs in the same quarter last year. The company faced higher expenses, including costs related to stock-in-trade and employee benefits, contributing to this dip.

As you analyze the results, it’s clear that while the company is adapting to the current economic climate, they have some work ahead to improve their figures in the upcoming quarters.

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Orient Technologies Q1 Results 2024 - 2025

Here are the key figures from Orient Technologies' Q1 Results for 2024 - 2025. The data highlights changes in income, expenses, and profit, giving an overview of the company's performance during this quarter. Below is a summary of the financial results:

Source: Click Here

Orient Technologies Current Market Overview

Orient Technologies is currently trading at ₹304, reflecting a slight decrease of 0.05%. The company's market capitalization stands at ₹1,264 crore. Over the past year, the stock has reached a high of ₹349 and a low of ₹285.

With a price-to-earnings (P/E) ratio of 30.5, it indicates how investors value the company's earnings. Additionally, the return on capital employed (ROCE) is at a healthy 34.0%, and the return on equity (ROE) is 27.3%, showing that the company is efficiently using its resources to generate profits.

However, it currently offers a dividend yield of 0.00%, meaning it is not paying dividends to shareholders at this time.

Quarterly Results

Here are the quarterly results for Orient Technologies, showcasing the company's performance over three different quarters. The table includes key financial figures such as sales, expenses, operating profit, and net profit.

About Orient Technologies 

Orient Technologies is an IT solutions provider based in Mumbai, India, established in 1997. The company offers a wide range of services, including IT infrastructure, managed services, and cloud data management.

They work with various partners, such as Dell and Fortinet, to deliver customized solutions tailored to the needs of their clients. Orient Technologies serves a diverse range of industries, including banking, pharmaceuticals, and manufacturing, focusing on helping businesses improve their technology and operational efficiency.

With a strong commitment to quality and customer satisfaction, they aim to support small and medium-sized enterprises as well as larger organizations in navigating the digital landscape.

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