Orient Electric Limited has informed the Exchange regarding 'Re-Appointment Of Internal Auditor And Cost Auditor For The FY 2026-27'.
ORIENTELEC · price
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Orient Electric Limited reported strong FY2026 results with total income of ₹3,336.40 crores (up 7.4% YoY) and profit after tax of ₹95.84 crores (up 15.2% YoY). EPS improved to ₹4.49 from ₹3.90. The Board approved audited results with an unmodified opinion from S.R. Batliboi & Co. LLP. The company recommended a final dividend of ₹0.75 per share, making a total dividend of ₹1.50 (150%) per share for FY2025-26. Deloitte Touche Tohmatsu India LLP was reappointed as Internal Auditor and Mr. Somnath Mukherjee as Cost Auditor for FY2026-27. Exceptional items of ₹10.16 crores were recognized, including ₹8.65 crores for new labour code implementation and ₹1.51 crores from write-down of assets at the consolidated Noida facility.
Solid financial performance with 15% PAT growth and increased dividend reflects operational strength. Reappointment of reputable auditors (Deloitte and experienced cost auditor) indicates continuity in governance and internal controls.