Marine Electricals (India) standalone net profit rises 10.98% in the March 2021 quarter

Sales rise 32.46% to Rs 67.00 crore

Net profit of Marine Electricals (India) rose 10.98% to Rs 4.55 crore in the quarter ended March 2021 as against Rs 4.10 crore during the previous quarter ended March 2020. Sales rose 32.46% to Rs 67.00 crore in the quarter ended March 2021 as against Rs 50.58 crore during the previous quarter ended March 2020.

For the full year,net profit rose 64.84% to Rs 7.83 crore in the year ended March 2021 as against Rs 4.75 crore during the previous year ended March 2020. Sales declined 2.94% to Rs 199.87 crore in the year ended March 2021 as against Rs 205.92 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales67.0050.58 32 199.87205.92 -3 OPM %13.5813.23 -11.338.03 - PBDT8.127.32 11 18.5014.29 29 PBT6.205.22 19 10.866.01 81 NP4.554.10 11 7.834.75 65

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