Net profit of Marsons rose 1560.00% to Rs 7.47 crore in the quarter ended September 2024 as against Rs 0.45 crore during the previous quarter ended September 2023. Sales rose 2039.44% to Rs 38.51 crore in the quarter ended September 2024 as against Rs 1.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales38.511.80 2039 OPM %15.0927.78 - PBDT7.610.62 1127 PBT7.470.45 1560 NP7.470.45 1560 Powered by Capital Market - Live

Marsons will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

The project, which involves multiple units across various locations in Rajasthan, will be executed for the Rajasthan Renewable Energy Corporation (RRECL) under the KUSUM Scheme. This initiative aims to provide daytime power to agricultural consumers. The project will be carried out in technical cooperation with Aditya Clean Systems, a third party that will offer technical assistance to the company. The company will have to execute a sample solar project with a capacity of 2 MW (AC) within the agreed schedule, adhering to the quality standards specified in the scope. NACOF OORJA reserves the right to cancel the work order if the vendor's performance does not meet the agreed timeline or fails to comply with the desired quality standards. The project is valued at Rs 675 crore and is expected to be completed within 12 to 18 months. Marsons is engaged in manufacturing of transformers in the capacity range of 100MVA 132KV class. The company reported standalone net profit of Rs 5.24 in Q1 FY25 as compared with net loss of Rs 0.43 crore in Q1 FY24. Net sales stood at Rs 29.88 crore in Q1 FY25, steeply higher than Rs 0.23 crore posted in Q1 FY24.Powered by Capital Market - Live

Marsons has s received a Letter of Intent from NACOF OORJA to develop a 150 MW(AC) Grid-Interactive Ground-Mounted Solar PV Power Generation Plant. This project, which includes multiple units across different locations in Rajasthan, is being executed for RRECL under the KUSUM Scheme, aimed at providing daytime power to agricultural consumers. This project we will be executing in technical collaboration with a third party Aditya Clean Systems (P) Ltd where the third party will provide us technical support. The total order value of the project is estimated at approximately Rs 675 crore (inclusive of taxes and duties) and the execution timeline is set for 12 to 18 months. Powered by Capital Market - Live

Marsons announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

Net profit of Marsons reported to Rs 5.24 crore in the quarter ended June 2024 as against net loss of Rs 0.43 crore during the previous quarter ended June 2023. Sales rose 12891.30% to Rs 29.88 crore in the quarter ended June 2024 as against Rs 0.23 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales29.880.23 12891 OPM %16.90-117.39 - PBDT5.38-0.26 LP PBT5.24-0.43 LP NP5.24-0.43 LP Powered by Capital Market - Live

Marsons will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live