Orient Electric Limited has informed the Exchange regarding 'SUbmission of BRSR of the COmpany for the FY 2024-25.'.
ORIENTELEC · price
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Orient Electric, part of the CK Birla Group, has filed its BRSR for FY 2024-25 as required under SEBI's Listing Regulations. The company reported a turnover of Rs 3,093.68 crore and net worth of Rs 694.30 crore, with fans contributing nearly 55% of revenue and lighting about 25%. It operates 4 plants and 37 offices nationally, reaching 1,25,000 retail outlets and exporting 4.25% of turnover across 30 countries. The company employs 1,266 permanent and other employees (92% male) plus 2,800 workers, with women representing only about 8% of staff. Customer complaints rose to 21.7 lakh during the year, though 6,107 were pending at year-end, and employee grievances stood at 78 (21 pending). No fines or penalties were reported, and the company achieved 93.34% of R&D spending directed at environmental and social improvements, up from 80.25% last year. Key ESG initiatives include BLDC Pro fan technology, LED transition, EPR compliance, and ISO certifications across plants.
This is a routine regulatory disclosure with no direct financial impact on shareholders, but it highlights Orient Electric's improving ESG focus, especially the sharp rise in green R&D spending. Investors tracking sustainability metrics may note the growing customer complaint volume as an area to watch, though strong R&D investment and clean compliance record are positive signals for long-term brand and governance standing.