Marine Electricals (India) (MARINE) Q1 25/26 earnings summary

Executive summary

• Q1 FY26 consolidated revenue from operations was Rs 16,697.81 lakhs and profit after tax was Rs 1,159.70 lakhs, compared with Rs 13,845.58 lakhs and Rs 705.09 lakhs in Q1 FY25.

• Standalone revenue from operations was Rs 14,707.57 lakhs and profit after tax was Rs 1,088.68 lakhs, versus Rs 12,521.37 lakhs and Rs 826.74 lakhs in Q1 FY25.

Financial highlights

• Consolidated total income was Rs 17,216.41 lakhs; profit before tax was Rs 1,546.98 lakhs, compared with Rs 14,150.18 lakhs and Rs 969.70 lakhs in Q1 FY25.

• Consolidated finance costs were Rs 315.92 lakhs, versus Rs 335.30 lakhs in Q1 FY25; depreciation and amortization was Rs 347.17 lakhs, versus Rs 335.70 lakhs.

• Standalone total income was Rs 15,205.70 lakhs and profit before tax was Rs 1,432.69 lakhs, versus Rs 12,810.54 lakhs and Rs 1,082.49 lakhs in Q1 FY25.

Segment performance

• Consolidated Marine revenue was Rs 7,882.25 lakhs, versus Rs 6,084.64 lakhs in Q1 FY25; segment result before tax and interest was Rs 560.89 lakhs, versus Rs 505.21 lakhs.

• Consolidated Industry revenue was Rs 8,815.56 lakhs, versus Rs 7,760.94 lakhs in Q1 FY25; segment result before tax and interest was Rs 864.49 lakhs, versus Rs 504.26 lakhs.

• Standalone Marine revenue was Rs 5,892.01 lakhs and Industry revenue was Rs 8,815.56 lakhs; segment results were Rs 426.98 lakhs and Rs 864.49 lakhs, respectively.