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ELECTRIC LIMITEDMain BoardEquity2024-04-012025-03-312025-04-252025-04-21INRCroresQuarterlyFourth quarterMulti segment2025-04-2512:30:002025-04-2514:10:00trueCash Flow IndirectDeclaration of unmodified opiniontruetrueNANAfalsefalsefalsefalseNot applicable2025-01-012025-03-31AuditedStandalone861850000034900000865340000024287000003616400000-13660000075920000064200000217500000128260000082320000004214000000421400000105300000350000010880000003126000000000312600000320000031580000021340000011.461.46001.461.461.The above financial results of the Company were reviewed by the Audit Committee and taken on record by the Board of Directors of the Company at their respective meetings held on April 25, 2025. <BR> 2. These financial results have been prepared in accordance with Indian Accounting Standards (IND-AS) as prescribed under section 133 of Companies Act 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules 2015 (as amended). <BR> 3.As per IND AS 108 - Operating Segments, the Company has two reportable segments namely Electrical Consumer Durables and Lighting & Switchgear. The financial information for these segments are accompanying the financial results as per IND AS 108 - Operating Segments. <BR> 4.The figures of quarter ended March are the balancing figures between audited figures in respect of full financial year and unaudited published year to date figures upto December; being the date of end of the third quarter of the respective financial years, which were subjected to limited review. <BR> 5. Exceptional item represents profit of Rs 18.68 crores on sale of land at Hyderabad. <BR> 6. The managerial remuneration paid/payable to Managing Director and Chief Executive Officer of the Company amounting to Rs 6.85 crores for the financial year exceeded the prescribed limits under section 197 read with Schedule V to the Companies Act, 2013 by Rs 0.81 crores. As per the provisions of the act, the excess remuneration is subject to approval of the shareholders which the Company proposes to obtain in the forthcoming Annual General Meeting and shall be paid after receipt of shareholders’ approval. As per the management’s assessment the approval from shareholders for excess remuneration is probable. <BR> 7. During the year, Company has received three demand orders amounting to Rs 58.50 crores from Anti Evasion section of GST and Central Excise Department from the states of Maharashtra, Madhya Pradesh and Andhra Pradesh, where department has alleged import of goods at higher rate of GST and sales at lower rate of GST on account of wrong HSN/misclassification of goods and other matter. The Company has filed writ petition and appeal against the demand order recieved from the state of Madhya Pradesh and Andhra Pradesh respectively. Company is also in process of filing writ petition against the demand order from the state of Maharashtra. Based on advice from legal expert, Company believes that it has strong case on merits and hence no provision has been made there against. <BR> 8. During the year, the Company has received show cause notices from Excise and Taxation Officer-cum-Assessing Authority under Haryana Tax on Entry of Goods into Local Areas Act,2008 for FY 2015-16, 2016-17 and 2017-18 amounting to Rs 33.75 crores in respect to goods brought into Haryana for consumption/ use /sale in the said period. The Company based on advice from legal expert has filed a writ petition before High Court of Punjab and Haryana against the said show cause notices and believes that it has strong case on merits and hence no provision has been made there against. <BR> 9. The Board of Directors at their meeting held on April 25, 2025 recommended a final dividend of Rs 0.75 (@ 75%) per equity share of Rs 1 each of the Company, making a total dividend of Rs 1.50 (@ 150%) per equity share of Rs 1 each for the financial year 2024-25, including interim dividend of Rs 0.75 (@ 75%) per equity share declared earlier during the financial year 2024-25. Final Dividend is subject to the approval of the shareholders.2024-04-012025-03-31AuditedStandalone3093680000011840000031055200000896780000013176000000-11477000003060600000242300000790600000484310000029932700000112250000001122500000294300000-3900000290400000083210000000008321000005600000837700000213400000167296000003.93.9003.93.9Other Expenses1282600000Other Expenses484310000042697000004580000000127000000150000000056200000016810000022430000037770000042100000508810000042967000001408000005127800000522800000251000000517000005868200000029380000010458700000001554680000021340000067296000006943000000694300000000004393000004393000002604000000054100000753800000170500000840700000516000000060007000009356000007106800000425000000318200000007850000000860380000015546800000Electrical Consumer Durables6142400000Lighting & Switchgear2476100000Electrical Consumer Durables21729500000Lighting & Switchgear9207300000861850000030936800000861850000030936800000Electrical Consumer Durables677700000Lighting & Switchgear308300000Electrical Consumer Durables2203300000Lighting & Switchgear131960000098600000035229000004810000017690000051650000022235000004214000001122500000Electrical Consumer Durables9598300000Lighting & Switchgear372610000013324400000222240000015546800000Electrical Consumer Durables4830800000Lighting & Switchgear258170000074125000001191300000860380000092700000-1146100000-570000000468000000024900000-78000000820600000035830000007906000000-3372000005200000059700000-121900000-180000004360000036000000-80000000538000000010620000012287000000003532000000875500000000000007300000552900000604510000058118000000000000000000000425000000-20200000-29000000000000000-3820000003340000003200000002740000000-719600000-1341000000-134100000656900000522800000Re-Measurement gains on defined benefit plans4300000Income tax effect [(charge)/credit]-11000003200000Re-Measurement gains on defined benefit plans7500000Income tax effect [(charge)/credit]-19000005600000000032000005600000Orient Electric Limited******National Engineering Industries Limited******Other related PartySale of goods or services10000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 0.002308999 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******GMMCO Limited******Other related PartySale of goods or services10000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 0.0148024 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Avani Birla******Relative of Member of Board of DirectorsSale of goods or services500000Not Applicable000Actual transaction value was 0.009914407 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Ravindra Singh Negi******Managing Director & CEOSale of goods or services500000Not Applicable000Actual transaction value was 0.0096356 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Orient Paper & Industries Ltd.******Public limited company in which director or manager is a director and holds, along with his relatives,more than two percent of its paid up share capitalSale of goods or services10000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 0.1112624 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Orient Paper & Industries Ltd.******Public limited company in which director or manager is a director and holds, along with his relatives,more than two percent of its paid up share capitalAny other transactionRent Paid10000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 0.14154 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******CK Birla Corporate Services Limited******Other related PartyAny other transactionConsultancy Charges140000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 4.3898 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******CK Birla Corporate Services Limited******Other related PartyAny other transactionBranding Charges15000000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 0.475549 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Birlasoft Limited******Other related PartyAny other transactionConsultancy Charges26700000Value of the related party transaction as approved by the Audit Committee represents the value approved for the twelve months period, while the Value of transactions stated in column 'O' represents the amount for the reporting period of six months ended March 31, 2025.000Actual transaction value was 1.444349665 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Birla Industries Provident Fund******Past employment benefit plansAny other transactionContribution to provident Fund0Not Applicable000Actual transaction value was 0.9067887crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******Chandrakant Birla******Chairman and Non-Executive DirectorAny other transactionDirectors Sitting Fees & Commission0Not Applicable4000002025-04-25000Actual transaction value was 0.455 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******TCA Ranganathan******Non- Executive Independent DirectorAny other transactionDirectors Sitting Fees & Commission0Not Applicable000Actual transaction value was 0.3 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00Orient Electric Limited******K Pradeep Chandra******Non- Executive Independent DirectorAny other transactionDirectors Sitting Fees & Commission0Not Applicable000Actual transaction value was 0.265 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00.Orient Electric Limited******Alka Marezban Bharucha******Non- Executive Independent DirectorAny other transactionDirectors Sitting Fees & Commission0Not Applicable000Actual transaction value was 0.195 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00.Orient Electric Limited******Raju Lal******Non- Executive Independent DirectorAny other transactionDirectors Sitting Fees & Commission0Not Applicable000Actual transaction value was 0.27 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00.Orient Electric Limited******Orient Paper & Industries Ltd.******Public limited company in which director or manager is a director and holds, along with his relatives,more than two percent of its paid up share capitalAny other transactionTrade receivables0Not Applicable0300000100000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******Orient Paper & Industries Ltd.******Public limited company in which director or manager is a director and holds, along with his relatives,more than two percent of its paid up share capitalAny other transactionTrade Payable0Not Applicable0700000800000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******CK Birla Corporate Services Ltd.******Other related PartyAny other transactionTrade Payable0Not Applicable02060000020600000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******Birlasoft Limited******Other related PartyAny other transactionTrade Payable0Not Applicable046000004700000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******GMMCO Limited******Other related PartyAny other transactionTrade receivables0Not Applicable00100000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******Orient Cement Limited******Public limited company in which director or manager is a director and holds, along with his relatives,more than two percent of its paid up share capitalAny other transactionTrade receivables0Not Applicable00100000Amount mentioned under the category Trade Receivable and Trade Payable forms part of the approval provided by the Audit Committee for Related party Transaction for the entity. Therefore, nil amount is mentioned against the said categories in Column O.Orient Electric Limited******The Calcutta Medical Research Institute******Other related PartyAny other transactionCSR Contribution10100000Not Applicable1010000000Orient Electric Limited******Desh Deepak Khetrapal******Ex- Vice-Chairman & Managing DirectorAny other transactionShort term employee & termination benefitNot Applicable000Actual transaction value was 0.2053333 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00.Orient Electric Limited******Saibal SenGupta******Ex-Chief Financial OfficerAny other transactionShort term employee & termination benefitNot Applicable1170000000Orient Electric Limited******Hitesh Jain******Ex-Company Secretary & Compliance OfficerAny other transactionShort term employee & termination benefitNot Applicable900000000Orient Electric Limited******Ravindra Singh Negi******Managing Director & CEOAny other transactionShort term employee benefitNot Applicable5040000000Orient Electric Limited******Arvind Kumar Vats******Chief Financial OfficerAny other transactionShort term employee benefitNot Applicable760000000Orient Electric Limited******Dipti Mishra******Compliance OfficerAny other transactionShort term employee benefitNot Applicable000Actual transaction value was 0.0070611 crores, but due to validation error accepting the value only upto two decimal points, amount entered in column 'O' we have put it as 0.00.Orient Electric Limited******Avani Birla******Relative of Member of Board of DirectorsAny other transactionShort term employee benefit50000000Not Applicable1440000000103200000AuditedtrueS.R. Batliboi & Co. LLPtrue2027-07-31