Salzer Electronics reports stable Q4FY18 numbers

Salzer Electronics standalone revenue for the quarter came in at Rs. 126.75 crore, registering 12 per cent yoy decline.

EBITDA for the quarter rose by 45.8 per cent yoy to Rs. 16.4 crore with a corresponding margin expansion of 513 bps. EBITDA margin for the quarter stood at 12.9 per cent. This margin expansion was aided by favourable movement in changes in inventories and decline in other expenses in proportion to sales.

The PAT for the quarter came in at Rs. 4.85 crore, yoy increase of 13.6 per cent.

Looking at full year 2017-18 numbers, revenue increase marginally by 2.2 per cent yoy to Rs. 453 crore. While EBITDA for the period surged almost 21 per cent yoy to Rs. 53 crore with corresponding margin expansion of 180 bps to 11.8 per cent. Also, net profit for the period rose 15.4 per cent  yoy to Rs. 20. crore.