Salzer Electronics Reports 26% YoY Growth in Q3 FY25 Revenues, Powering the Future with First 25,000 Smart Meters Delivered

Salzer Electronics Limited, a capital goods engineering company, has announced its unaudited financial results for the third quarter and nine months ended 31st December 2024. The company reported a YoY growth of 26.30% in consolidated quarterly revenues, driven by a 42% YoY growth in Industrial Switchgear and 41% YoY growth in Building Product Division. The company's Q3 FY25 EBITDA stood at Rs. 36.0 crore, representing a YoY growth of 16%. The first 25,000 smart meters have been delivered, with a repeat order anticipated. The company's net revenue for the nine months ended December 31, 2024, was Rs. 1,042.60 crore, marking a YoY growth of 24.16%.