Salzer Electronics standalone net profit rises 34.82% in the March 2024 quarter

Sales rise 7.61% to Rs 317.57 crore

Net profit of Salzer Electronics rose 34.82% to Rs 12.08 crore in the quarter ended March 2024 as against Rs 8.96 crore during the previous quarter ended March 2023. Sales rose 7.61% to Rs 317.57 crore in the quarter ended March 2024 as against Rs 295.12 crore during the previous quarter ended March 2023.

For the full year,net profit rose 18.78% to Rs 43.19 crore in the year ended March 2024 as against Rs 36.36 crore during the previous year ended March 2023. Sales rose 12.08% to Rs 1135.58 crore in the year ended March 2024 as against Rs 1013.17 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales317.57295.12 8 1135.581013.17 12 OPM %9.737.90 -9.709.00 - PBDT22.3615.84 41 78.4666.45 18 PBT17.2111.76 46 59.4050.34 18 NP12.088.96 35 43.1936.36 19

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