Hot Pursuit     08-Jul-24
Marine Electricals jumps after order win
Marine Electricals (India) hit an upper limit of 5% at Rs 197.21 after the company secured a Rs 50 crore order to supply electrical panels for a project in Hyderabad.
The order from DC Development Hyderabad involves supplying FIM LV Panels and Skid for the HYD20 expansion project (DC 2 & 3) with a total capacity of 28.8 MW. The company will fulfill the delivery of the equipment over a period of 20 months.

Marine Electricals is a one-stop shop for electrical and communication needs. They design, build, and install systems that improve efficiency and sustainability for their clients and their clients' customers.

On a consolidated basis, net profit of Marine Electricals (India) surged 206.04% to Rs 12.67 crore on 65.65% increase in net sales to Rs 237.08 crore in Q4 March 2024 over Q4 March 2023.

Previous News
  Marine Electricals (India) consolidated net profit declines 8.00% in the March 2023 quarter
 ( Results - Announcements 30-May-23   16:00 )
  Marine Electricals (India) standalone net profit rises 28.72% in the March 2023 quarter
 ( Results - Announcements 30-May-23   15:58 )
  Marine Electricals (India)
 ( Results - Analysis 28-May-22   12:11 )
  Marine Electricals (India) AGM scheduled
 ( Corporate News - 17-Sep-21   19:04 )
  Marine Electricals (India) to conduct board meeting
 ( Corporate News - 22-May-23   14:23 )
  Marine Electricals (India) consolidated net profit rises 31.58% in the March 2021 quarter
 ( Results - Announcements 08-Jun-21   07:46 )
  Marine Electricals (India) consolidated net profit rises 14.75% in the December 2021 quarter
 ( Results - Announcements 10-Feb-22   15:37 )
  Marine Electricals bags order for Adani Data Center's Chennai Project
 ( Hot Pursuit - 17-Sep-21   15:19 )
  Marine Electricals (India) consolidated net profit declines 23.10% in the September 2022 quarter
 ( Results - Announcements 14-Nov-22   14:50 )
  Marine Electricals (India) to table results
 ( Corporate News - 04-Feb-23   16:43 )
  Marine Electricals (India) to announce Quarterly Result
 ( Corporate News - 06-Nov-23   14:11 )
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