Electrical Equipment & Products company Salzer Electronics announced Q3FY25 results Net Revenue in Q3FY25 was Rs 341.46 crore as against Rs 270.35 crore in Q3FY24, YoY growth of 26.30%. This growth was mainly driven by higher demand for Industrial switchgear as well as Building Product division businesses mainly due to high demand products like three phase transformers, wire harness, relays and new product like contactors etc. Contribution from Exports at 30.68%, export revenue grew 60.5% YoY in Q3FY25, driven by higher sales from Middle East and Africa and Asian countries. EBITDA (excluding other income) was Rs 35.99 crore in Q3FY25 as against Rs 31.02 crore in Q3FY24, YoY growth of 16.01%. EBITDA Margin for the quarter stood at 10.54%. Profit After Tax at Rs 15.50 crore in Q3FY25 as against Rs 13.48 crore in Q3FY24, YoY growth of 14.98%. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics, said: “During the third quarter of the financial year, we registered a strong growth in consolidated revenues of Rs 341.46 crores with EBITDA (excluding other income) and PAT of Rs 35.99 crore and Rs 15.50 crore, respectively. This growth was mainly driven by switchgear & building products businesses. This growth has been achieved despite the slight slowdown setting in amidst macro-economic uncertainties and continued geopolitical tensions in parts of world. Coming to our new product of smart meters, I am very happy to share that our first order of Rs 5 crore for smart meters has been dispatched, marking a significant milestone in our commitment to advancing smart grid technology. This achievement reflects our strong execution capabilities and reinforces customer confidence in our solutions. With this successful delivery, we are optimistic about securing the next order from the same customer, further strengthening our partnership and driving sustained growth in the smart metering segment. We remain dedicated to maintaining this growth momentum as we strive for greater achievements. At Salzer, innovation is at the core of our strategy, and our diverse product portfolio, along with a strong market presence, positions us to set new industry benchmarks. With a promising outlook for both domestic and export markets, we remain confident in our overall business performance. I thank the entire team at Salzer Electronics for their untiring efforts and all our stakeholders for their continued support and faith in our Company.” Result PDF