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Marine Electricals (India) standalone net profit rises 160.29% in the December 2020 quarter

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Capital Market

Sales decline 25.33% to Rs 54.81 crore

Net profit of Marine Electricals (India) rose 160.29% to Rs 1.77 crore in the quarter ended December 2020 as against Rs 0.68 crore during the previous quarter ended December 2019. Sales declined 25.33% to Rs 54.81 crore in the quarter ended December 2020 as against Rs 73.40 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales54.8173.40 -25 OPM %9.894.29 -PBDT4.402.86 54 PBT2.510.79 218 NP1.770.68 160

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First Published: Feb 10 2021 | 3:25 PM IST

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