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Salzer Electronics Ltd Q1FY24; 6% rise in Profits

Salzer Electronics Limited is engaged in offering Total and Customised Electrical Solutions in Switchgears, Wires & Cables and Energy Management business. It is also involved in manufacturing CAM Operated Rotary switches & Wire Ducts in India.

Financial Results:

Salzer Electronics Ltd reported Revenues for Q1FY24 of ₹281.86 Crores up from ₹233.06 Crore year on year, a rise of 20.94%.

Total Expenses for Q1FY24 of ₹269.54 Crores up from ₹223.00 Crores year on year, a rise of 20.87%.

Consolidated Net Profit of ₹9.30 Crores up 5.92% from ₹8.78 Crores in the same quarter of the previous year.

The Earnings per Share is ₹5.71, up 4.01% from ₹5.49 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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