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Marine Electricals (India) LimitedUpdates, 17-08-2026: Press Release

17-08-2026 | 10:00 am

Marine Electricals delivered strong Q1 results. Revenue rose 55% to ₹259 Cr, EBITDA grew 47% to ₹33 Cr, and PAT increased 51% to ₹18 Cr. New orders of ₹784 Cr boosted order backlog to ₹2,073 Cr, up 201% YoY, ensuring robust revenue visibility, driven by industrial and data center infrastructure.

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