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Orient Technologies Q2FY25 results: Net profit rises 62.5% to Rs 15 cr

Business Standard LogoBusiness Standard22h ago

Orient Technologies Q2FY25 results: Net profit rises 62.5% to Rs 15 cr - Business Standard

Quick Summary:

Cloud and data management solutions provider Orient Technologies has reported a 62.52 per cent year-on-year increase in net profit to Rs 15.05 crore for the September quarter of the ongoing fiscal year.

With a stable market environment, Orient is well-positioned to accelerate its momentum and pursue ambitious growth objectives," Orient Technologies Chairman and Managing Director Ajay Sawant said.

Revenue from operations for the quarter under review came in at Rs 223.14 crore, 49.35 per cent higher than Rs 149.40 crore a year earlier.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 16:55:56 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23552441

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Official Website: business-standard.com

Update Frequency: 315 posts per day

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