Shares of Marine Electricals (India) Ltd traded 3.90% higher at Rs 250.25 on Tuesday, November 4, after the company reported strong financial results for the September 2025 quarter. The stock opened firm and moved between Rs 248.25 and Rs 258, compared to the previous close of Rs 240.85.
For Q2, the company posted a 29.62% year-on-year rise in net profit to Rs 16.49 crore, up from Rs 12.72 crore in the corresponding period last year. Revenue increased 20.72% YoY to Rs 222.25 crore versus Rs 184.10 crore in September 2024.
EBITDA grew 27.01% YoY to Rs 29.81 crore from Rs 23.47 crore, reflecting healthy operating performance. Earnings per share (EPS) rose to Rs 1.20 from Rs 0.95 in the year-ago quarter.
The stock has been in focus amid continued order inflow momentum in the marine and industrial electrification segment. As of 10:03 AM, Marine Electricals’ market capitalisation stood at approximately Rs 3,332 crore, with a P/E ratio of 80.73.
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