Marine Electricals (India) consolidated net profit rises 31.58% in the March 2021 quarter

Sales rise 40.08% to Rs 89.58 crore

Net profit of Marine Electricals (India) rose 31.58% to Rs 6.75 crore in the quarter ended March 2021 as against Rs 5.13 crore during the previous quarter ended March 2020. Sales rose 40.08% to Rs 89.58 crore in the quarter ended March 2021 as against Rs 63.95 crore during the previous quarter ended March 2020.

For the full year,net profit rose 129.95% to Rs 12.90 crore in the year ended March 2021 as against Rs 5.61 crore during the previous year ended March 2020. Sales declined 4.43% to Rs 251.29 crore in the year ended March 2021 as against Rs 262.93 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales89.5863.95 40 251.29262.93 -4 OPM %13.8213.78 -10.848.49 - PBDT11.229.44 19 26.0317.34 50 PBT8.976.94 29 16.917.71 119 NP6.755.13 32 12.905.61 130

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