Electrical Equipment & Products company Salzer Electronics announced Q1FY26 results Net Revenue in Q1FY26 was Rs 432.41 crore as against Rs 347.13 crore in Q1FY25, YoY growth of 24.57%. EBITDA (excluding other income) was Rs 41.31 crore in Q1FY26 as against Rs 31.26 crore in Q1FY25, YoY growth of 32.15%. EBITDA Margin for the quarter stood at 9.55%, YoY increase of 54 bps. Profit After Tax at Rs 17.59 crore in Q1FY26 as against Rs 13.25 crore in Q1FY25, YoY growth of 32.81%. PAT Margin for the quarter stood at 4.07%, YoY increase of 25 bps. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics, said: “During the first quarter of the financial year, we registered a strong growth in standalone revenues of Rs 432.41 crore with EBITDA (excluding other income) and PAT of Rs 41.31 crore and Rs 17.59 crore, respectively. This growth was mainly driven by higher demand for Industrial switchgear and wires & Cables division businesses. We secured our first large Smart Meter order worth Rs 50 crore. While the execution was ready in Q1, the customer requested a deferment due to field installation challenges. We billed Rs 2.2 crore during the quarter, and the customer has confirmed that the balance will be cleared in Q2. This marks a significant milestone in our smart metering journey and sets the stage for strong growth ahead. In the EV Chargers business, we sold 40 DC fast chargers in Q1FY26. We see this as just the beginning, with demand expected to accelerate from the second half of the year as adoption gathers pace and infrastructure expands. We delighted to share that we have also developed a new Temperature Sensor for the automotive industry, currently under validation with two Tier 2 auto OEMs. We expect commercial revenues from this product to commence in Q3 FY26, opening another exciting growth avenue for Salzer. As we expand globally, we remain focused on innovation, efficiency, and customer-centricity. While global trade uncertainties, including potential U.S. tariff changes, may create near-term challenges, our diversified exports and value-driven products position us well. We continue to strengthen OEM partnerships and drive sustainable value for all stakeholders. 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