Marine Electricals (India) Limited has informed the Exchange about Copy of Newspaper Publication
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Marine Electricals (India) has filed the newspaper publication of its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results with the exchanges. The results were approved by the board on August 12, 2025 and published in Business Standard (English) and Navshakti (Marathi). On a standalone basis, total income rose modestly to Rs. 5,600.26 lakh (~3% YoY from Rs. 5,435.37 lakh) and net profit after tax grew to Rs. 568.08 lakh (~10.6% YoY from Rs. 513.68 lakh), translating to an EPS of Rs. 1.43. On a consolidated basis, the performance was much stronger — total income rose to Rs. 7,691.65 lakh (~17% YoY) and net profit after tax more than doubled to Rs. 989.89 lakh (vs Rs. 461.66 lakh in Q1 FY25), with consolidated EPS of Rs. 2.48 (vs Rs. 1.17). Net worth on a consolidated basis stood at Rs. 32,761.73 lakh.
This is a routine compliance filing, not fresh news — the underlying results were already approved on August 12. The standout feature is the sharp jump in consolidated PAT (over 2x YoY), indicating strong contribution from subsidiaries, while the standalone business showed only modest single-digit growth, which tempers the overall positive read.