Press Release

Ref: OEL/BSE-NSE/2026-27/56 October 15, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers Plot No. C/1, G Block Fort, Dalal Street Bandra Kurla Complex Mumbai – 400001 Bandra (E), Mumbai 400051 Symbol: ORIENTELEC Scrip Code: 541301 Dear Sir/ Madam, Sub.: Press Release of Orient Electric Limited Please find attached the press release for Q2 of Financial Year 2026-27. You are requested to take the enclosed document on your record. Thanking you, For Orient Electric Limited Diksha Singh Company Secretary Encl.: as above Orient Electric Limited - a CKA Birla Group Company CIN No.: L31100OR2016PLC025892 240, Okhla Industrial Estate, Phase III, New Delhi 110020, India Tel: +91 011-41325060 Regd. Office: Unit VIII, Plot No.7, Bhoinagar, Bhubaneswar, Odisha 751012 investor@orientelectric.com www.orientelectric.com Orient Electric Records Robust Q2 FY27 Performance; Revenue up 25.2%, PAT rises 124.4% EBITDA grew by 49.7%, margin expanded by 106 basis points year-on-year, driven by premiumisation, strategic execution and sustained operating efficiencies New Delhi, October 15, 2026: Orient Electric Limited [BSE: 541301, NSE: ORIENTELEC], part of the diversified CKA Birla Group, announced its financial results for Q2 FY27, delivering robust growth across its portfolio. Revenue for the quarter stood at ₹879 crore, registering a growth of 25.2% year- on-year, while Profit After Tax (PAT) increased by 124.4% to ₹27 crore. EBITDA margin improved to 6.5%, expanding by 106 basis points year-on-year, driven by premiumisation, strategic execution and sustained operating efficiencies. The company’s BLDC fan portfolio also recorded double-digit growth of 26%. Ravindra Singh Negi, Managing Director and CEO, Orient Electric Limited, said, “Despite continued inflationary pressures, we delivered a strong performance, gaining market share in our core categories and improving EBITDA margins. Our Electrical Consumer Durables business continued to gain momentum with innovation-led new product launches in BLDC Fans and Consumer Lighting. Emerging categories including Switches, Switchgear and Wires, also outperformed the industry and further strengthened portfolio growth. As we enter the festive season, we remain focused on capitalising on demand opportunities and reaching more customers. Our One Orient strategy is central to this journey, bringing together our strengths across businesses to accelerate innovation, expand reach and sharpen market execution.” Financial Snapshot: Particulars (Rs cr) Q2 FY27 Q2 FY26 YoY (%) Q1 FY27 QoQ (%) H1 FY27 H1 FY26 YoY (%) Revenue 879.3 702.6 25.2% 949.8 -7.4% 1,829.1 1,471.7 24.3% Gross Profit 255.2 221.5 15.2% 283.1 -9.9% 538.3 472.1 14.0% Gross Margin 29.0% 31.5% -251 bps 29.8% -79 bps 29.4% 32.1% -265 bps EBITDA 56.8 37.9 49.7% 66.6 -14.7% 123.4 84.0 46.9% EBITDA Margin 6.5% 5.4% 106 bps 7.0% -55 bps 6.7% 5.7% 104 bps PBT 36.5 16.3 123.7% 42.5 -14.1% 82.9 40.0 107.4% PAT 27.1 12.1 124.4% 31.5 -14.1% 58.5 29.6 97.9% About Orient Electric Ltd. Orient Electric Limited is part of USD 3 billion diversified CKA Birla Group, with strong manufacturing capabilities and presence in over 30 countries. It is a trusted brand for consumer electrical products in India, offering a diverse portfolio of fans, lighting, home appliances, switches and switchgears. In the domestic market, it has penetration up to the small towns with a well organised distribution network reaching 1,35,000 retail outlets and a strong service network covering more than 450 cities. Orient Electric has established itself in the market as a one-stop solution provider of lifestyle electrical solutions. For more information, visit www.orientelectric.com. About the CKA Birla Group The CKA Birla Group, is an Indian multinational conglomerate with a multibillion dollar revenue. With over 35,000 employees, the group operates more than 50 manufacturing facilities across India and the world, with a presence in diverse sectors including technology, automotive, home and building and healthcare. The CKA Birla Group continuously adapts to stay ahead in a changing world. By harnessing technology and investing in people and digital transformation, the Group consistently remains agile and delivers profitable growth. Viewing value creation through a global lens, our companies operate without borders. The CKA Birla Group companies include Birlasoft, GMMCO, National Engineering Industries (manufacturer of NBC Bearings), BirlaNu (formerly HIL), Orient Electric, CKA Birla Healthcare (CKA Birla Hospitals and Birla Fertility & IVF), Orient Paper, AVTEC and Neosym. Our companies share a common purpose of serving customers, partners and communities to create long term value through trust based relationships. The CKA Birla Group is also known for its deep rooted commitment to community with institutions like BIT Mesra, Modern High Schools, BM Birla Science Centre, and The CMRI Trust Hospitals, serving millions and nurturing generations of talent. For further queries, please contact: Investor Relations: Orient Electric Sambhav Jain, investor@orientelectric.com Corporate Communications: Orient Electric Garima Arora, garima.arora@orientelectric.com Burson: PR Agency Snigdha Sidhra, 90132 43122, snigdha.sidhra@genesis-bcw.com