Salzer Electronics Limited — Updates, 12-02-2025: Press Release (Revised)

Salzer Electronics Limited reported strong performance in the third quarter and nine months ending December 31, 2024. The consolidated net revenue for Q3 FY25 reached ₹341.46 crore, reflecting a 26.30% YoY increase, driven by heightened demand in the Industrial switchgear and Building Product divisions. Notably, export revenues surged by 60.5% YoY, contributing 30.68% to total revenue.

EBITDA for the quarter was ₹35.99 crore, up 16.01%, with a margin of 10.54%. PAT rose to ₹15.50 crore, marking a 15% increase. For the nine months, total revenue was ₹1,042.60 crore, up 24.16%, and PAT saw a substantial 70.47% growth, reaching ₹57.53 crore.

The Industrial Switch Gear division exhibited exceptional growth at 42.3% YoY, illustrating its robust market position. The company has also successfully dispatched its first smart meter order worth ₹5 crore, reinforcing its commitment to innovation and expansion in the smart grid segment. With strong financial indicators and growth in both domestic and international markets, Salzer Electronics presents a positive outlook for future growth. Investors should watch this firm closely for sustained momentum.