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Marine Electricals (India) consolidated net profit declines 23.10% in the September 2022 quarter

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Capital Market

Sales decline 15.86% to Rs 90.36 crore

Net profit of Marine Electricals (India) declined 23.10% to Rs 2.93 crore in the quarter ended September 2022 as against Rs 3.81 crore during the previous quarter ended September 2021. Sales declined 15.86% to Rs 90.36 crore in the quarter ended September 2022 as against Rs 107.39 crore during the previous quarter ended September 2021. ParticularsQuarter EndedSep. 2022Sep. 2021% Var.Sales90.36107.39 -16 OPM %8.797.10 -PBDT6.847.60 -10 PBT4.855.24 -7 NP2.933.81 -23

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First Published: Nov 14 2022 | 2:50 PM IST

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