Salzer Electronics Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Salzer Electronics Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 26.7%.
- Its expenses for the quarter were down by 0.8% QoQ and up 27.4% YoY.
- The net profit decreased 43.2% QoQ and increased 15.0% YoY.
- The earnings per share (EPS) of Salzer Electronics Ltd stood at 8.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 343.43 | 359.86 | 271.02 | -4.6% | 26.7% |
Total Expenses | 322.21 | 324.75 | 252.92 | -0.8% | 27.4% |
Profit Before Tax | 21.22 | 35.11 | 18.11 | -39.6% | 17.2% |
Tax | 5.68 | 7.83 | 4.63 | -27.5% | 22.7% |
Profit After Tax | 15.50 | 27.28 | 13.48 | -43.2% | 15.0% |
Earnings Per Share | 8.80 | 15.40 | 7.50 | -42.9% | 17.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Salzer Electronics Ltd is a prominent player in the electrical industry, specializing in the manufacture of electrical equipment and components. The company offers a diverse range of products, including rotary switches, cable ducts, and transformers, catering to industrial and commercial sectors. Salzer Electronics is known for its commitment to innovation and quality, serving both domestic and international markets. While the company's recent developments are not specified in the current dataset, it is recognized for its strategic expansion initiatives and partnerships aimed at enhancing its market reach and technological capabilities.
Revenue
During Q3FY25, Salzer Electronics Ltd reported a total income of ₹343.43 crores, reflecting a decrease of 4.6% compared to ₹359.86 crores in Q2FY25. However, on a year-over-year basis, the company experienced a substantial increase in total income by 26.7% from ₹271.02 crores in Q3FY24. This data suggests fluctuations in quarterly revenue while maintaining a strong annual growth trajectory. The revenue performance indicates the company's capacity to grow its income over the previous year despite the short-term quarterly decline.
Profitability
The company's profitability metrics for Q3FY25 illustrate certain dynamics in its financial performance. Profit Before Tax (PBT) stood at ₹21.22 crores, marking a decline of 39.6% from ₹35.11 crores in Q2FY25, yet showing an increase of 17.2% compared to ₹18.11 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹15.50 crores, which was a decrease of 43.2% from the preceding quarter’s ₹27.28 crores, but an increase of 15.0% from ₹13.48 crores in the same quarter of the previous year. This indicates a mixed profitability trend with a noticeable drop in quarterly profits, yet improvements over the yearly period.
Operating Metrics
Operating expenses for Salzer Electronics in Q3FY25 were recorded at ₹322.21 crores, showing a slight decrease of 0.8% from ₹324.75 crores in Q2FY25. Compared to the previous year, there was a significant increase of 27.4% from ₹252.92 crores in Q3FY24. The earnings per share (EPS) were ₹8.80 in Q3FY25, down from ₹15.40 in Q2FY25, representing a 42.9% decrease. Year-over-year, the EPS improved by 17.3% from ₹7.50 in Q3FY24. These metrics highlight the company's ability to manage operational costs effectively over the quarter, alongside an annual improvement in earnings per share.
