Orient Technologies Reports Q3 Results, Approves Stake Acquisition

Orient Technologies Ltd announced its December quarter results and a significant strategic move on February 6, 2025. The company reported revenue from operations of 2.07 billion rupees for Q3 FY25, with a net profit of 126.6 million rupees. In a separate development, the board granted in-principle approval for acquiring a 60% stake in eProtect 360 Solutions Private Limited. This potential acquisition aligns with Orient Technologies' growth strategy in the IT and cybersecurity sectors. eProtect 360 is known for its comprehensive compliance and cybersecurity services. The move is expected to enhance Orient Technologies' service offerings and market position in the rapidly evolving digital security landscape.

Source: Reuters, Trading View, MoneyControl