Sahasra Electronic Solutions Limited — Updates, 22-11-2024: Press Release

Sahasra Electronic Solutions reported strong financial performance for the half-year period ended September 30, 2024, with revenue of ₹4216.24 Cr, EBITDA of ₹1031.21 Cr, and a profit before tax (PBT) of ₹794.13 Cr, reflecting growth rates of 24.46% and 18.83%, respectively. Notably, the revenue includes ₹2545.36 Cr from exports and ₹1579.74 Cr from domestic sales. The company is strategically focused on expanding its semiconductor business, holding a 54.79% stake in Sahasra Semiconductors Pvt Ltd, with plans to acquire full ownership by FY 2024-2025.

Sahasra's order book has grown to ₹11524.00 Cr, providing strong revenue visibility for FY25. The management remains optimistic about sustaining growth, particularly through investments in research and development to transform into an Original Design Manufacturer in IT hardware. With the semiconductor packaging production expected to start before December 2024, Sahasra is positioning itself to capitalize on emerging opportunities in high-margin segments. Overall, the company is set for further growth, driven by robust operational metrics and strategic initiatives.