Salzer Electronics Limited — Updates, 08-08-2025: Press Release
08-08-2025 | 05:38 pm
08-08-2025 | 05:38 pm
Salzer Electronics reported robust first quarter results with revenue at ₹432.41 Cr, up 24.57% YoY, and PAT at ₹17.59 Cr, a 32.81% YoY increase. Growth was primarily driven by Industrial Switchgear and Wires & Cables segments. The company secured a ₹50 Cr smart meter order, billing ₹2.2 Cr in the quarter, with the balance expected in the subsequent quarter. Salzer also sold 40 DC fast EV chargers, anticipating accelerating sales from the second half of the year. A new temperature sensor for the automotive industry is under validation, with revenues projected to begin in the third quarter. The company acquired a 49% stake in Effilume Private Limited for an energy efficiency project.
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