Results - Announcements
Orient Beverages Ltd share price slipped 0.74% to Rs 161.1 after the company's net profit plunged by 36.49% to Rs 1.34 crore, while revenue from operations slipped slightly by 1.72% to Rs 52.57 crore in Q2FY27 over Q2FY26.
The market capitalization of Other Beverages industry group stocks on BSE stood at Rs 1.48 lakh crore, nosediving by 22.54%. It has eased by 0.80% over last one week and edged lower by 0.80% in last one month while the market capitalization of Orient Beverages Ltd has softened by 1.28% and 11.83% in the same period respectively.
Profit before tax (PBT) of Orient Beverages Ltd stood at Rs 2.04 crore in Q2 FY27, expanding by 94.29% year-on-year, and tanking 30.61% quarter-on-quarter. EBITDA came in at Rs 0 crore, plunging by 36.99% YoY and tumbling by 123.83% sequentially.
Total expenses grew marginally by 0.36% to Rs 50.56 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 14.1 crore, inching up 7.06% YoY, while employee benefits expense was at Rs 7.05 crore, soaring 13.34% YoY.
For FY26, revenue from operations tick up 8.65% to Rs 177.81 crore, while net profit saw a strong growth of 27.15% to Rs 3.84 crore, compared to previous FY. EBITDA saw a sharp decline of 608% to Rs 3.09 crore, and PBT soared 48.98% to Rs 5.84 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 0.87 crore in FY26, as against Rs 0.05 crore in FY25.
Orient Beverages Ltd nosedived by 21.64% in last one year, underperforming the benchmark BSE Sensex which has softened by 3.42% during the same period.