Hot Pursuit     13-Nov-25
Marine Electricals rises as new orders boost order book
Marine Electricals (India) climbed 4.05% to Rs 247.75 after the company announced a series of new orders worth Rs 174.6 crore.
The company said it secured three contracts. The first is from Siemens for the supply of a power distribution system for a global hyperscaler’s JUI1A data centre project. The delivery timeline for this order is 12 months. The second order comes from Hindustan Shipyard for electrical works on board vessel 11200, a project expected to run over 36 months. The third is from Equinix India for supply, installation, testing and commissioning of power distribution systems for its MB3.2 data centre project, with completion due in four months.

With these additions, Marine Electricals’ order book now stands at around Rs 966 crore.

Marine Electricals (India) is engaged in manufacturing and sale of all types of marine and industrial electrical & electronic components like switch-gears, control-gears etc. and is also engaged in renewable energy sector specifically solar. It also provides services like designing, fabricating etc. for all types of electrical & electronic installations in India and abroad and undertake annual maintenance contracts.

On a consolidated basis, net profit of Marine Electricals (India) rose 29.64% to Rs 16.49 crore while net sales rose 20.72% to Rs 222.25 crore in Q2 September 2025 over Q2 September 2024.

Previous News
  Marine Electricals (India) consolidated net profit declines 23.10% in the September 2022 quarter
 ( Results - Announcements 14-Nov-22   14:50 )
  Marine Electricals (India) consolidated net profit rises 171.79% in the September 2024 quarter
 ( Results - Announcements 13-Nov-24   11:49 )
  Marine Electricals gains on securing Rs 17-cr order from Allweiler India
 ( Hot Pursuit - 19-Aug-25   10:39 )
  Marine Electricals (India) to hold board meeting
 ( Corporate News - 23-May-22   11:45 )
  Marine Electricals (India) consolidated net profit rises 29.64% in the September 2025 quarter
 ( Results - Announcements 04-Nov-25   07:38 )
  Marine Electricals (India) schedules AGM
 ( Corporate News - 09-Sep-20   11:24 )
  Marine Electricals (India) consolidated net profit rises 59.73% in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   16:40 )
  Marine Electricals (India)
 ( Results - Analysis 15-Nov-22   20:53 )
  Marine Electricals (India) to table results
 ( Corporate News - 04-Feb-23   16:43 )
  Marine Electricals (India) consolidated net profit rises 4.22% in the December 2024 quarter
 ( Results - Announcements 13-Feb-25   07:52 )
  Marine Electricals (India) to hold board meeting
 ( Corporate News - 20-Jul-24   12:14 )
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