Salzer Electronics reported Q1 FY27 financial results for the quarter with revenue up 13% YoY to INR 498 Cr, driven by industrial switchgear and wires & cables.

However, EBITDA margin contracted to 6% and PAT margin to 2%, largely due to volatile raw material costs and a lag in passing price increases.

Management anticipates continued margin pressure in Q2, with normalization expected in Q3/Q4, targeting an 8-8.5% EBITDA for the full year (revised from 10%). The company continues strategic investments in EV infra and energy management, seeing robust demand linked to India's electrification.

Management expresses confidence in long-term growth despite near-term challenges.