Salzer Electronics Reports Strong Q3 FY25 Financial Performance

Salzer Electronics Limited ( (IN:SALZERELEC) ) just unveiled an update.

Salzer Electronics Limited reported robust financial performance for the third quarter and nine months ending December 31, 2024, with a 26.30% year-on-year growth in net revenue, reaching Rs. 341.46 crore for Q3 FY25. The growth was primarily due to increased demand in industrial switchgear and building product divisions, along with a substantial 60.5% increase in export revenue. The company’s EBITDA grew by 16.01% to Rs. 35.99 crore, and the profit after tax rose by 14.98% to Rs. 15.50 crore, indicating strong operational performance. The company also achieved a significant milestone by delivering 25,000 smart meters, with expectations for repeat orders, reinforcing its positive outlook and strategic positioning in the market.

More about Salzer Electronics Limited

Salzer Electronics Limited is a capital goods engineering company that provides total and customized electrical solutions. The company focuses on industries such as industrial switchgear and building product divisions, catering to high-demand products like three-phase transformers, wire harness, relays, and contactors. It also has a significant export contribution, especially to markets in the Middle East, Africa, and Asia.

YTD Price Performance: -25.41%

Average Trading Volume: 16,595

Current Market Cap: 20.33B INR

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