Orient Tradelink expects to double its revenue in Q4; stock surges 5%

The company ended at Rs1.54 apiece on the BSE up by 4.76%.

February 04, 2021 3:35 IST | India Infoline News Service
Orient Tradelink Ltd. with release of new film Come December in quarter 4 and with two major books coming out Bhiksha and Shishya Samaparn in month of February, is expecting its revenues and profit to nearly double in quarter 4.

The company said, "With revenues from book Sai Harta Peer Fakir and Sai Vibhuti doing well. The company expects to cross of sale of two lac of these two books by December 2021. The covid months have added momentum to the sale of spiritual products. With Mr.Khetarpal's spiritual content which is growing everyday on physical and digital platform. The company is looking at good quarter 4."

The company is in final talks on acquiring a working manufacturing plant in Delhi for manufacturing zips and jeans zips in the coming months..

The sale of books and good response of film Baba Ramsaa Peer on pen drive will be a major drive in this coming year apart from Sai Baba inventory which is on going. The satellite and digital platform are expected to get closed soon.

"More than 20,000 pen drives and new digital movie cards of Sai Baba and Baba Ramsaa Peer conent for middle income sector will not only drive Aastha and spiritualism but put the company on a track to drive sales in this segment as the following of Mr.Khetarpal has a huge base on the spiritual front," the company added.

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