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During Q3 FY25, Salzer Electronics reported consolidated revenues of ₹341.46 crore, reflecting a year-on-year growth of 26.3% driven primarily by its Industrial Switchgear and Building Products sectors, despite macroeconomic headwinds. The company achieved an EBITDA of ₹35.99 crore and a net profit of ₹15.50 crore, up 14.98% compared to the previous year, illustrating improved operational efficiency.
A key milestone includes the dispatch of the first batch of 25,000 smart meters, aimed at advancing smart grid technology and positioning the company for sustained growth in this segment. Salzer maintains a strong market presence, leveraging its diversified product portfolio and focusing on innovation to set industry benchmarks. The outlook remains positive, with prospects for expansion in both domestic and export markets, particularly in high-margin sectors.
In the first nine months of FY25, total revenue reached ₹1,042.60 crore, marking a 24.16% increase year-on-year, supported by robust performance in the Industrial Switchgear and Building products divisions, and an export contribution of approximately 28.70%.