.Revenue coming from operations grew through 7 percent to Rs 755 crore.1 min went through Final Updated: Aug 01 2024|4:20 PM IST.India's Orient Electric disclosed a 27 per-cent fall in first-quarter profit on Thursday, as greater costs outweighed the surge in sales of followers and colders as the country battled with scorching heat energy.Orient Electric, which also sells mixer-grinders and also switchgears, claimed earnings lessened to Rs 14.34 crore ($ 1.7 million) in the one-fourth, coming from Rs 19.69 crore a year earlier.Earnings from operations increased by 7 percent to Rs 755 crore.KEY SITUATION.Climbing temperatures and rigorous heatwaves across the nation has boosted demand for cooling down items, yet it was balanced out by much higher costs of traded goods, striking the company's bottomline.Indian home appliance creators have supplied a mainly blended set of earnings, putting together a harmonizing process in between strengthened need and much higher expenses of raw materials like copper as well as aluminium.Final month, Crompton Greaves beat quarterly earnings quotes, assisted by increasing demand for followers and also coolers, although Havells India overlooked estimations as costs rose.( Simply the heading and image of this record might possess been actually reworked by the Business Criterion team the rest of the content is auto-generated coming from a syndicated feed.) Very First Published: Aug 01 2024|4:20 PM IST.