Net sales declined -5.60%  to  Rs. 284.61 million from Rs. 301.50 millions.The Company to register a -62.51%  fall in the net profit for the quarter ended March 2019.A decline of 65.90 millions was observed in the OP in the quarter ended March 2019 from 93.98 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 284.61 301.50 -5.60 1333.85 1302.31 2.42 1333.85 1302.31 2.42 Other Income 12.19 9.12 33.66 33.81 35.74 -5.40 33.81 35.74 -5.40 PBIDT 65.90 93.98 -29.88 404.56 428.17 -5.51 404.56 428.17 -5.51 Interest 3.76 1.58 137.97 14.70 5.35 174.77 14.70 5.35 174.77 PBDT 62.15 92.40 -32.74 389.88 422.82 -7.79 389.88 422.82 -7.79 Depreciation 25.91 18.68 38.70 85.56 72.24 18.44 85.56 72.24 18.44 PBT 36.24 73.72 -50.84 304.31 350.58 -13.20 304.31 350.58 -13.20 TAX 12.31 9.89 24.47 73.13 101.50 -27.95 73.13 101.50 -27.95 Deferred Tax 1.03 -0.94 -209.57 22.43 2.37 846.41 22.43 2.37 846.41 PAT 23.93 63.83 -62.51 231.18 249.08 -7.19 231.18 249.08 -7.19 Equity 282.58 282.58 0.00 282.58 282.58 0.00 282.58 282.58 0.00 PBIDTM(%) 23.16 31.17 -25.71 30.33 32.88 -7.75 30.33 32.88 -7.75

Orbit Exports is currently trading at Rs. 113.65, up by 0.70 points or 0.62% from its previous closing of Rs. 112.95 on the BSE.The scrip opened at Rs. 113.00 and has touched a high and low of Rs. 116.00 and Rs. 111.85 respectively. So far 2583 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 163.00 on 07-Aug-2018 and a 52 week low of Rs. 85.10 on 21-Feb-2019.Last one week high and low of the scrip stood at Rs. 128.00 and Rs. 96.70 respectively. The current market cap of the company is Rs. 319.46 crore.The promoters holding in the company stood at 62.60%, while Institutions and Non-Institutions held 0.01% and 37.40% respectively.Orbit Exports has received approval buyback fully paid up equity shares by the company having face value of Rs 10 each from open market for an amount not exceeding Rs 10 crore at a price not exceeding Rs 130 per Equity Share payable in cash which represents 7.22% and 7.07% of the total paid-up equity share capital and free reserves. The Board of Directors of the Company at its meeting held on March 18, 2019 has approved the same.Orbit Exports is an India-based company engaged in the manufacture and export of novelty fabrics and madeups. The Company deals in fancy textiles that find its uses in Christmas craft, ladies dress material and home textiles.

The Revenue for the quarter ended  June 2018 of Rs. 417.09 millions grew by 7.44 % from Rs. 388.22 millions.An average growth of 32.41% was recorded for the quarter ended June 2018 to Rs. 103.81  millions from Rs. 78.40 millions.Operating Profit saw a handsome growth to 168.95 millions from 136.25 millions in the quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 417.09 388.22 7.44 417.09 388.22 7.44 1302.31 1305.34 -0.23 Other Income 3.56 8.60 -58.60 3.56 8.60 -58.60 35.74 33.59 6.40 PBIDT 168.95 136.25 24.00 168.95 136.25 24.00 428.17 399.69 7.13 Interest 3.75 1.55 141.94 3.75 1.55 141.94 5.35 18.02 -70.31 PBDT 165.21 134.70 22.65 165.21 134.70 22.65 422.82 387.10 9.23 Depreciation 18.45 16.77 10.02 18.45 16.77 10.02 72.24 67.89 6.41 PBT 146.76 117.93 24.45 146.76 117.93 24.45 350.58 319.21 9.83 TAX 42.95 39.53 8.65 42.95 39.53 8.65 101.50 111.44 -8.92 Deferred Tax 0.57 0.45 26.67 0.57 0.45 26.67 2.36 3.56 -33.71 PAT 103.81 78.40 32.41 103.81 78.40 32.41 249.08 207.77 19.88 Equity 282.58 287.02 -1.55 282.58 287.02 -1.55 282.58 287.02 -1.55 PBIDTM(%) 40.51 35.10 15.42 40.51 35.10 15.42 32.88 30.62 7.37

The quarter ended December 2017 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 285.52 millions.Modest increase of 18.94% in the Net Profit was reported from. 43.92 millions to Rs. 52.24  millions.OP of the company witnessed a marginal growth to 95.36 millions from 85.02 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 285.52 279.54 2.14 1000.81 969.46 3.23 1305.34 1467.39 -11.04 Other Income 5.98 9.17 -34.79 26.63 41.90 -36.44 28.18 24.23 16.30 PBIDT 95.36 85.02 12.16 334.21 338.26 -1.20 396.43 438.11 -9.51 Interest 0.97 1.58 -38.61 3.78 7.93 -52.33 18.02 11.65 54.68 PBDT 94.39 83.44 13.12 330.43 335.76 -1.59 383.84 428.74 -10.47 Depreciation 18.62 17.02 9.40 53.57 50.94 5.16 67.93 59.34 14.48 PBT 75.77 66.42 14.08 276.86 284.82 -2.79 315.91 369.40 -14.48 TAX 23.52 22.50 4.53 91.60 87.50 4.69 111.44 124.12 -10.22 Deferred Tax 2.53 3.75 -32.53 3.30 3.65 -9.59 3.56 19.14 -81.40 PAT 52.24 43.92 18.94 185.25 197.32 -6.12 204.47 245.29 -16.64 Equity 287.02 143.51 100.00 287.02 143.51 100.00 287.02 143.42 100.13 PBIDTM(%) 33.40 30.41 9.81 33.39 34.89 -4.29 30.37 29.86 1.72

Orbit Exports has informed about Outcome of Board Meeting held on February 16, 2017.The above information is a part of company’s filings submitted to BSE.

With reference to the earlier letter dated January 25, 2017 regarding Record Date for Interim Dividend, Orbit Exports has now informed that the Company has cancelled the earlier record date (i.e. February 14, 2017) fixed for the purpose of declaration of Dividend. Further the Company has informed that, it has revised the record date and postpone it to February 15, 2017 for the purpose of payment of Interim Dividend for Financial Year 2016-2017 and also for allotment of the Bonus shares in the proportion of 1 Bonus Equity Shares of Rs 10 each for every 1 fully paid - up Equity Shares of Rs 10.The above information is a part of company’s filings submitted to BSE.

Orbit Exports has submitted a Copy of the Notice of Postal Ballot.The above information is a part of company’s filings submitted to BSE.

Orbit Exports has informed about Outcome of Board Meeting held on December 26, 2016.The above information is a part of company’s filings submitted to BSE.

Orbit Exports has informed that the Nomination & Remuneration Committee in its Meeting held on April 02, 2016 at 10:30 A.M., has allotted 9,000 equity shares of Face Value of Rs 10 each to the employees of the Company pursuant to exercise of options under its OEL Employees Stock Option Plan - 2013. The paid up share capital of the Company will accordingly increase from Rs 143,421,500 to Rs. 143,511,500. The new shares rank pari passu in all respects with the existing capital.The above information is a part of company’s filings submitted to BSE.

Orbit Exports has informed that a meeting of the Board of Directors of the Company will be held on February 10, 2016, to consider and approve the Un-Audited Financial Results for the quarter and nine months ended December 31, 2015; to place and take on record the Limited Review Report on Un-Audited Financial Results for the quarter ended December 31, 2015; and to consider and declare interim dividend for the year 2015-16. Further, as per the Company’s Internal Code for Prevention of Insider Trading (as amended with effect from May 15, 2015), the trading window for dealing in the securities of the Company is closed for the Company’s Directors, Officers, Designated Employees, Insiders, and their dependents and family members from February 02, 2016 to February 12, 2016.The above information is a part of company’s filings submitted to BSE.

Orbit Exports has informed that a Meeting of the Board of Directors of the Company will be held on November 05, 2015, inter alia, to consider and approve the Un-Audited Financial Results for the quarter and half year ended September 30, 2015, and to place and take on record the Limited Review Report on Un-Audited Financial Results for the quarter ended September 30, 2015. Further, as per the Company’s Internal Code for Prevention of Insider Trading (as amended with effect from May 15, 2015), the trading window for dealing in the securities of the Company is closed for the Company’s Directors / Officers and designated employees of the Company from October 28, 2015 till November 07, 2015 and will re-open after 48 hours after the announcement of Unaudited Financial Results to the public.The above information is a part of company’s filings submitted to BSE.

Dinero Wealth Advisors has submitted the disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011.The above information is a part of company’s filings submitted to BSE.