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February 11, 2016 2:29 PM ET

Electrical Equipment

Company Overview of Orb Energy Pvt Ltd.

Company Overview

Orb Energy Pvt Ltd. develops, manufactures, markets, sells, installs, and services solar systems for residential and commercial markets. It offers its products through a network of branches. The company was incorporated in 2006 and is based in Bengaluru, India with an additional office in Singapore. It has branches in Andhra Pradesh, Karnataka, Kerala, and Maharashtra, India.

No.12, Srigandhada Kavalu

Sunkadakatte

Magadi Road

Bengaluru,  560091

India

Founded in 2006

Phone:

91 80 2328 6142

Fax:

91 80 2328 6141

Key Executives for Orb Energy Pvt Ltd.

Chief Executive Officer
Chief Operating Officer
Compensation as of Fiscal Year 2015.

Orb Energy Pvt Ltd. Key Developments

Orb Energy Pvt Ltd. Reports Unaudited Standalone Financial Results for the Six Months Ended Sept. 30, 2015

Orb Energy Pvt Ltd. reported unaudited standalone financial results for the six months ended Sept. 30, 2015. For the six months, the company reported loss from operations before other income, finance costs & exceptional items of INR 38.9 million against INR 33.47 million for the same period of last year. Loss from ordinary activities before tax was INR 47 million against INR 40.6 million for the same period of last year. Net loss for the period was INR 47 million or INR 1.98 per share against INR 40.6 million or INR 2.33 per share for the same period of last year. Net sales/income from operations were INR 217 million against INR 212 million for the same period of last year.

Orb Energy Pvt Ltd., Board Meeting, Nov 23, 2015

Orb Energy Pvt Ltd., Board Meeting, Nov 23, 2015. Agenda: To approve unaudited standalone financial results for the six months ended Sept. 30, 2015.

Orb Energy Pvt Ltd. Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2015

Orb Energy Pvt Ltd. reported unaudited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, net sales /income from operations was INR 293.636 million compared to INR 239.577 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 1.815 million compared to INR 2.191 million a year ago. Loss from ordinary activities before tax was INR 7.656 million against INR 4.208 million a year ago. Net loss was INR 7.656 million or INR 0.22 per basic and diluted share before and after extraordinary items compared to net loss of INR 4.208 million or INR 0.26 per basic and diluted share before and after extraordinary items a year ago. For the full year, net sales /income from operations was INR 505.347 million compared to INR 428.837 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 35.634 million compared to INR 25.877 million a year ago. Loss from ordinary activities before tax was INR 48.265 million against INR 29.452 million a year ago. Net loss was INR 48.265 million or INR 2.55 per basic and diluted share before and after extraordinary items compared to net loss of INR 29.452 million or INR 1.79 per basic and diluted share before and after extraordinary items a year ago.

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