Salzer Electronics Acquires 30% Stake in Aurawin

Salzer Electronics Limited has acquired a 30% shareholding in Aurawin Solutions Private Limited for Rs. 30,000/- to expand its footprint in digital energy management and smart grid solutions.

Salzer Electronics Q3FY26 Results & Board Decisions

Salzer Electronics reports Q3FY26 financial results with revenue of ₹41,195.20 lakhs and net profit of ₹1,274.05 lakhs. Board approves MD re-appointment and new CFO appointment.

Salzer Electronics Reports 21.7% Revenue Growth in Q2 with Smart Meter Business Expansion

Salzer Electronics Limited reported consolidated revenues of ₹418.9 crore for the second quarter, representing 21.7% year-on-year growth. The company's Smart Meter business achieved sales of ₹22 crore during Q2, bringing the first half total to ₹24 crore. EBITDA margin moderated to 8.7% due to higher input costs and initial scaling expenses in the new segment. The company's revenue breakdown shows Industrial Switchgear contributing 63.1%, Wire Cables 31.8%, and Building Electrical Products 5.1%. Export contribution was 23.79% for the quarter. For the first half, consolidated revenues reached ₹860.03 crore, up 22.66% year-on-year, with export contribution at 24.0%. The company was granted a patent for its Disconnecting and Earthing Device for High Voltage Applications. Management aims to sustain double-digit revenue growth for the full year while focusing on improving margins and scaling smart metering operations.