Marine Electricals wins orders worth Rs 362.34 crore
MARINE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Marine Electricals has won two power distribution system orders worth about Rs 362.34 crore, excluding taxes. Princeton Digital Group will receive supplies over 12 to 15 months, while DXDC Chennai's letter of intent covers delivery over 4 to 5 months. These are not related-party transactions.
The orders improve revenue visibility, but profit margins and execution details have not been disclosed.