Marine Electricals (India)'s Q3 FY 2025-26 Quarterly Results
- 12 Feb 2026
Result Summary
- Marine Electricals (India) Ltd reported a 5.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.9%.
- Its expenses for the quarter were down by 2.7% QoQ and up 4.3% YoY.
- The net profit decreased 28.8% QoQ and increased 147.5% YoY.
- The earnings per share (EPS) of Marine Electricals (India) Ltd stood at 0.85 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 213.92 | 226.17 | 198.25 | -5.4% | 7.9% |
Total Expenses | 198.35 | 203.85 | 190.21 | -2.7% | 4.3% |
Profit Before Tax | 15.58 | 22.31 | 8.04 | -30.2% | 93.8% |
Tax | 3.74 | 5.70 | 3.23 | -34.4% | 15.8% |
Profit After Tax | 11.83 | 16.62 | 4.78 | -28.8% | 147.5% |
Earnings Per Share | 0.85 | 1.18 | 0.38 | -28.0% | 123.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Marine Electricals (India) Ltd is a company known for its involvement in the electrical solutions sector. It primarily focuses on providing comprehensive electrical solutions, including products and services for various industries. The company may be engaged in manufacturing electrical panels, providing marine electrical services, or developing innovative electrical systems, but specific details about its main products or services are not explicitly available in the given data. As of the latest period, there are no recent major developments mentioned, which could indicate stability or a lack of publicly disclosed changes in the company's operations or strategy.
Revenue
In Q3FY26, Marine Electricals (India) Ltd reported a total income of ₹213.92 crores. This represents a 5.4% decrease compared to the previous quarter (Q2FY26), where the total income was ₹226.17 crores. Despite this quarter-over-quarter decline, the company's total income showed a year-over-year increase of 7.9% compared to Q3FY25, when the total income was ₹198.25 crores. These figures highlight fluctuations in revenue performance over the analyzed periods without delving into specific causes or implications.
Profitability
For the quarter ending Q3FY26, Marine Electricals (India) Ltd posted a profit before tax of ₹15.58 crores, down by 30.2% from ₹22.31 crores in the previous quarter (Q2FY26). Year-over-year, however, there was a significant increase of 93.8% in profit before tax from Q3FY25, when it was ₹8.04 crores. The profit after tax in Q3FY26 was ₹11.83 crores, indicating a 28.8% decrease from the previous quarter's ₹16.62 crores but a substantial 147.5% rise from ₹4.78 crores in Q3FY25. The earnings per share for Q3FY26 stood at ₹0.85, reflecting a decrease of 28.0% from Q2FY26 but an increase of 123.7% from the same period last year.
Operating Metrics
Total expenses for Marine Electricals (India) Ltd in Q3FY26 were ₹198.35 crores, which is a 2.7% reduction from ₹203.85 crores in Q2FY26. This decrease in expenses comes alongside a year-over-year increase of 4.3% from Q3FY25's ₹190.21 crores. The tax expenses for Q3FY26 were ₹3.74 crores, showing a decline of 34.4% from ₹5.70 crores in Q2FY26, and a year-over-year increase of 15.8% from ₹3.23 crores in Q3FY25. These figures provide a view of the company's operating efficiency and cost management over the quarters, reflecting changes in expenditure without attributing cause or impact.