Salzer Electronics Limited — Important, 24-05-2025: General Updates

Salzer Electronics has announced a board meeting to approve the financial results for the quarter and half-year. Revenue rose to Rs. 1,382.93 Cr from Rs. 1,135.58 Cr year-on-year, with net profit after tax increasing to Rs. 62.26 Cr versus Rs. 43.19 Cr. The company declared a 25% dividend per share. It wrote off investments worth Rs. 1.18 Cr in two unviable EV-focused subsidiaries. Salzer also sold a 1.6% stake in Kaycee Industries, booked a Rs. 16 Cr gain, and trimmed its holding to 71.91%. New auditors have been appointed.