Net profit of Marine Electricals (India) declined 31.78% to Rs 4.98 crore in the quarter ended December 2023 as against Rs 7.30 crore during the previous quarter ended December 2022. Sales rose 15.65% to Rs 146.65 crore in the quarter ended December 2023 as against Rs 126.80 crore during the previous quarter ended December 2022.