'
Salzer Electronics hosted a conference call on
Nov 18, 2024. In the conference call the company was represented by Rajesh
Doraiswamy, Joint Managing Director
Key takeaways of the call
Revenue in Q2FY25 grew by 22.62%YoY
and was mainly driven by higher demand for Industrial switchgear as well as
wires and cable businesses mainly due to high demand products like three phase
transformers, wire harness, relays and new product like contactors etc.
Contribution from Exports in
Q2FY25 stood at 29.15%, export revenue grew 3.1% YoY in Q2FY25, driven by
higher sales from North and South America, Middle East and Africa and Asian
countries.
Received first small order of Rs
5 crore for smart meters. This
achievement is a testament to the team''s dedication to advancing smart metering
technology. Smart meter solution of the company has garnered significant
interest, with evaluations currently underway by at le...
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