Salzer Electronics reported its Q4 FY17 numbers. The company offers total and customised electrical solutions in switchgear, wire and cable and energy management business.

See 12.75% margins in first quarter of FY17: Salzer Electronics

The wire and cable accounted for 45 percent of revenues in the fourth quarter. But this business has a lower EBITDA margin, leading to a decline in overall margins.

No adverse impact in Q1 on co from L&T‘s stake sale: Salzer

Rajesh Kumar, Joint MD, Salzer Electronics says Kumar says promoter stake has come down to 25.5 percent from 30 percent.

Eyeing 25% plus sales revenue in 3 yrs: Salzer Electronics

In an interview with CNBC-TV18, Rajesh Doraiswamy, Joint Managing Director of Salzer Electronics said the funds raised through QIP will be used as growth capital.