Salzer Electronics Reports Mixed Q4 Results: Revenue Up, Profits Down
Salzer Electronics' Q4 results show a 15% increase in consolidated revenue to ₹3.76 billion. However, profitability declined with EBITDA falling 11.80% to ₹292.00 million and net profit decreasing 20.90% to ₹102.00 million. The EBITDA margin compressed from 10.13% to 7.80% year-over-year.
Salzer Electronics Secures Major ₹50 Crore Order for Smart Meters, Boosting Its Position in Energy Infrastructure
Salzer Electronics Limited has received a ₹50 crore order for smart energy meters from a major Advanced Metering Infrastructure Service Provider in India. This repeat order follows a previous ₹5 crore contract and aligns with the government's Revamped Distribution Sector Scheme. Salzer's new manufacturing facility can produce 4 million Smart Meters annually, positioning the company well to meet growing demand in India's energy infrastructure sector.