MARINE ELECTRICALS: WINS ORDERS WORTH ₹398.81 CR

MARINE ELECTRICALS: WINS ORDERS WORTH ₹398.81 CR Marine Electricals (India) has received multiple orders aggregating approximately ₹398.81 Cr, excluding taxes. The company received an order from Princeton Digital Group (India) Management Pvt Ltd for the supply of Power Distribution Systems, with delivery scheduled over 18 months.

Another order has been received from Classic Electric for the supply of Power Distribution Systems, with delivery scheduled over 6–8 months. The combined order value of the two contracts stands at approximately ₹398.81 Cr. Impact: Positive — sizeable order wins strengthen Marine Electricals’ order book and provide revenue visibility over the next 18 months.