Salzer Elec­tron­ics FY15 PAT in­creases by 42%

Power Watch India - - DESPATCHES FINANCE -

Salzer Elec­tron­ics Ltd., a lead­ing man­u­fac­turer of ro­tary switches and wiring ducts in In­dia, an­nounced its fi­nan­cial re­sults for the fourth quar­ter and 31 March 2015. The board rec­om­mends div­i­dend at 15% i.e. Rs 1.50 per share. Q4FY15 high­lights: To­tal rev­enue at Rs 79.6 crore for the quar­ter ended 31 March 2015 as against Rs 69.7 crore for the pre­vi­ous pe­riod, an in­crease of 14%. D Ra­jesh Ku­mar, Joint MD and CFO, Salzer Elec­tron­ics said, “The re­sults have been in line with our ex­pec­ta­tions. Ow­ing to strong ex­ports, the com­pany has wit­nessed an in­crease in topline growth of 16%. In the up­com­ing quar­ters, we would fo­cus more on en­ter­ing eastern geogra­phies and ex­pand our prod­uct of­fer­ings. The com­pany has posted a strong set of num­bers this quar­ter and we ex­pect to grow at 25% in the com­ing year.”

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